The world is changing, and the car industry is changing with it. A growing number of consumers are interested in electric vehicles (EVs), and manufacturers are starting to take notice. In recent years, we have seen explosive growth in the EV market, with more and more options for drivers. And this is just the beginning. Here is a look at the future of electric driving.
More choices for consumers
As demand for EVs grows, so does the number of choices available to consumers. Today, there are EVs on the market for just about every need and budget. In the coming years, we can expect even more options to become available, including cars from luxury brands that have so far been absent from the EV market.
Greater range and faster charging times
One of the biggest concerns people have about EVs is range anxiety – the fear that their car will run out of power before reaching their destination. This concern has held back many potential buyers of EVs. However, as battery technology continues to improve, we can expect EVs to have greater range and shorter charging times. This means EVs become more practical for long-distance travel and can meet the needs of a larger number of consumers. With larger batteries, the need for faster charging also increases. Not only should charging stations be adapted to this and be able to handle higher power. The charging capacity also needs to go up on the charging cable. Electric cars themselves also need a higher charging capacity to enable faster charging. The concept of 3-phase charging, which is 3x as efficient as 1-phase charging, also brings this into strong development.
But clearly, this may still be the biggest bottleneck.
More affordable EVs
As with any new technology, EVs are currently on the pricey side. However, as production volumes increase and battery technology improves, we can expect prices to fall, making EVs more affordable for the average consumer. Government incentives can also play a role in lowering the cost of EVs. In some countries, EV owners enjoy benefits such as free parking and access to high-traffic lanes even when travelling alone – benefits that make owning an EV even more attractive. Many car brands such as BMW, Renault and Kia are also investing in developing cheaper EVs.
Production and energy
An electric car may produce virtually no CO2 by itself. However, the car also needs to be produced. In particular, the production of the current generation of batteries still creates a huge CO2 footprint. However, where the energy comes from is also an issue. Much of the energy we generate still comes from coal-fired power plants. For an electric car to be truly sustainable, it is important to switch to nuclear, wind or solar energy as much as possible.
Looking further with the electric car
However, the development of EVs is not just about getting from A to B. With the Hyundai Ioniq 5, for instance, there is already an EV with integrated solar panels. There are also strong developments in hybrid hydrogen technology. A new generation of battery technology based on carbon or silicon is probably going to provide cheaper and better batteries.
The future of electric driving looks pretty good. As battery technology improves and carmakers respond to consumer demand, we can expect to see more choices in the market, greater range, faster charging times and more affordable vehicles. Electric cars are no longer a pipe dream – they are becoming a reality, and it is an exciting time to be at the forefront of this transport revolution. However, there are still some hurdles to overcome such as charging speed, range and affordability. It is also important to consider emissions and sustainability when producing and developing the cars as well as generating the electricity.