The Future of Electric Vehicles

837 Words2 Pages
bulb-icon

Recommended: Benefits of using electric cars essay

Future of Electric vehicles:

For much of the next 200 years, EVs remained on the limits of the automotive industry. But what has changed considerably over the past few of years. For profitable, scientific and environmental reasons, there is now a very persuasive case that EVs are on the threshold of wide approval. A few major companies including AT&T, Florida Power & Light (FPL), Duke force and GE have committed to purchasing many of EVs for their fleets, and many extra blue chip companies are beginning pilot programs. Hertz has introduced some EVs into its rental fleet, while Coca-Cola, Google, Pacific Gas & Electric, PepsiCo Frito-Lay, and UPS are all purchasing some vehicles and experimenting with new ways of doing trade.

Three top reasons to try EVs:

There are three original reasons why EVs are there to stay, and why we look forward to many corporate fleats will soon have a mix of traditional, alternative fuel and electric vehicles.

1. First is a need for economic steadiness. When the price of something as vital to daily operations as fuel is routinely whipsawed by worldwide events, it’s difficult to control and administer costs. prevarication can help to level costs in the short term, but the long-term costs will persist to vary wildly.

2. Another reason is a desire to lessen greenhouse gas (GHG) emissions‒which is attractive a requirement for doing production in some jurisdiction and is supported by federal and state tax incentive. It has been predictable that plug-in hybrid electric vehicles, which use an exciting motor with a gas engine as backup when the battery is depleted, can reduce GHG emissions by as much as 30% compared to a established vehicle over its lifetime (even when the emissions associated with power generation are taken into kindness).

3. Lastly, EVs’ spiteful edge design and technology create a competitive edge and open up new trade opportunities for companies operating in a tough global marketplace.

Widespread EV adoption isn’t far away. The EV ecosystem is growing in the U.S. Today’s energy grid can power EVs via at– home and commercial charging station, which are cropping up around the country. There are almost 500 in California unaccompanied, and that figure is mounting quickly. Furthermore, the frivolous materials used in automotive designs have made EVs more authoritative and competent, and better batteries allow for longer ranges and decreased charging times, characteristically four to eight hours. Now is the instance for business leaders and fleet manager to learn about these vehicles, decide how they fit into the fleet, enlarge a plan to scale completion and, in short, put together the industry case.

Show More
Related

  • The Death of the Electric Car

    1085 Words  | 3 Pages

    Increasing environmental awareness, coupled with a responsible American government and improved technology, have all contributed to the comeback of low-and zero-emissions vehicles in the US. It remains to be seen whether the automakers and oil companies will once again work to halt this progress, or embrace it as the technology of a more responsible future.

    Read More

  • The Automotive: The Electric Car Industry

    111 Words  | 1 Pages

    The Automotive, or electric car industry particularly, comprises all those companies and activities involved in the manufacture of electric motor vehicles (EV), including most components, such as engines, bodies and rechargeable batteries or another energy storage device. The industry’s principal products are passenger automobiles. Despite the fact that the first electric cars were produced in 1880s , the advances in internal combustion engines, especially the electric starter, soon diminished the relative advantages of the electric car and became the dominant design in the market. Due to this the EV was almost a forgotten industry staying in the early stage of development, conforming to less than 1% of the automotive stock

    Read More

  • Nissan Leaf: First Electrical Car

    1195 Words  | 3 Pages

    In December of 2010, the world’s first, entirely electric vehicle was introduced to the car industry and Nissan was responsible for launching this innovative car known as the Nissan Leaf (“Nissan Product Information”). According to business reporter Michael Strong, Nissan Motor Company’s CEO Carlos Ghosn previously set a goal of selling 1.5 million electric vehicles by the year 2016. However, in 2013, Ghosn announced that it is very likely that Nissan will not reach this goal. He believes this may be achieved four or five years later than expected. Ghosn and Nissan Motor Corporation have evaluated the weaknesses of the Nissan Leaf and have discovered the contributing factors in the surprisingly low sales (Strong). In this commentary, it will become evident if Nissan has made effective improvements to pick up sales of this innovative vehicle that could result in the future of cars all around the world. The reasons for their underperformance will be evaluated and their ability to make the necessary changes to improve sales will be evaluated. A SWOT analysis has been set up to analyze the Nissan Leaf, its strengths, weaknesses, opportunities, and threats. This will show if Nissan has made the necessary changes to better their sales of the Nissan Leaf.

    Read More

  • Hybrid Electric Vehicle Technology

    1747 Words  | 4 Pages

    The idea of the hybrid electric vehicle (HEV) has been around for longer than a decade, as many people may not have originally thought. In fact, hybrid vehicles have been in development for the past century. The combination of an electric motor and a gasoline engine has been stirring in the minds of scientists and inventors alike for many years. Hybrid cars have surpassed many feats as it's progressed through the years, such as increased gas mileage and reducing the pollutants that regular internal combustion engines expel. While the hybrid car is in high demand at the present time, some people believe these cars are just a quick resolution before bigger and better ideas, such as fuel cell vehicles, begin taking over the automobile industry. Still, the development of the hybrid car has had many effects on today's society and may continue to in the future.

    Read More

  • Electric Cars Persuasive Speech

    867 Words  | 2 Pages

    The substantial increase in the demand for EV’s came just in time as we are slowly but surely running out of oil. Some estimate that by the year 2040, 35 percent of all vehicles will be electric (Sullins, 2017). An article from the U.S. Department of Energy stated that “Electric vehicles hold a lot of potential for helping the U.S. create a more sustainable future. If the U.S. transitioned all the light-duty vehicles to hybrids or plug-in electric vehicles, we could reduce our dependence on foreign oil by 30-60 percent, while lowering the carbon pollution from the transportation sector by as much as 20 percent (energy.gov, 2014). It’s obvious that gas-powered vehicles have harmed our planet with their emissions. Although EV’s cannot reverse that damage that has been done, they can eliminate, or at least slow down, the inevitable demise that our planet is headed towards. Along with the beneficial environmental factors that correspond with electric cars, there are also beneficial financial factors. The average American spends about $2,000 on gas annually. In the future, charging stations will charge roughly $12.00 for a full charge, which is about 300 miles. This means that the average American will save about $1,400 per year on these specific car

    Read More

  • Tesla Case Analysis

    847 Words  | 2 Pages

    In the recent past, Tesla has been noted as a great competitor in the automotive industry. This is attributed to its three huge competitive advantages. Generally, the advantage lies in its ability to bring about innovative disruption in the industry. This include; a strong battery supply chain that is sustainable in itself, a supercharger network celebrated by the customers and a software system several leagues ahead of its competitors (Zach, 2015).

    Read More

  • Electric Cars

    1597 Words  | 4 Pages

    The future American commuter will undoubtedly have to transition from the use of fossil fuels to new alternatives due to the diminishing availability of the nation’s oil resources. How will America respond to this upcoming issue? It is difficult to predict which alternative fuel source America will ultimately choose, but with the premier of Nissan’s electric powered Leaf and other companies; such as Tesla Motors and Chevy, with their electric cars ready for market, the electric car may be winning the race to become the new standard for the gasoline alternative. Electric cars resolve long standing environmental issues, but it will need to maneuver around many roadblocks to become a marketable consideration for the general public. The cost of electric cars, currently on the market, makes them an impractical purchase for the average consumer. If cost is not the growing concern in today’s economy which prevents the consumer from considering this option; they may deny the technological advance due to battery storage capabilities and the inadequate infrastructure in place to refuel and provide for them.

    Read More

  • Case Study of Tesla Motors Inc.

    1187 Words  | 3 Pages

    Environmental concerns have been raised from time to time because of the dependency on the gasoline-fueled engine as the chief auto powertrain technology. This has resulted in exposing many automobile users to unpredictable prices of fuel. These issues were, however, the reason for the inception of Tesla Motors so as to bring into existence another set of automotive which serves the similar purpose; but uses another form of energy that being electricity to drive them instead of the disadvantageous gasoline-powered engine. This invention was influenced by a number of factors in terms of their planning and performance (Hunger, 2010).

    Read More

  • Tesla Motors: A Sustainable Business

    1263 Words  | 3 Pages

    Tesla is highly recognized for its excellent lead in the enhancement of a sustainable future. In summary, there is a need for protecting the environment to become cleaner, greener and sustainable one. With the number of vehicles that operate globally on petroleum and diesel, the environment will be wasted and totally degraded in a short time. It is important to apply such new technologies for the better of the future. Tesla been a pioneer in this industry has brought about changes that can be applied to change the world. For this reason, as many companies as possible should embrace the strategy of Tesla in the development of a sustainable future.

    Read More

  • The Hydrogen Fuel Cell and the Electric Car

    1061 Words  | 3 Pages

    The electric car has been around since the 1830s, eventually transitioning to a practical transportation choice in the late 1800s after improvements in the storage capacity of batteries. The electric car was at the peak of its popularity in the early 1990s. However, its popularity was short-lived; by 1935 the electric car had become a rarity, being replaced by the gas-powered vehicles. Reasons for the change being that the electric car could not travel long distances without recharging due to the limited storage capacities of batteries, it was faster to fuel a gas car than recharge an electric car, and finally, the mass production of the gas car lowered its price significantly compared to the electric car. Present day, the conventional gas powered vehicle is still preferred over electric cars, but advances in hydrogen fuel cell technology are making the option of owning a hydrogen fuel cell powered car more of a possibility as well as highlighting the benefits of other electric cars. In the following paragraphs the operation of the Ballard fuel cell is explained, the challenges with implementing a fuel cell system is discussed and lastly, the possible social and environmental effects of electric cars are explored.

    Read More

  • Hybrid Electric Vehicle Essay

    2682 Words  | 6 Pages

    ...p government to save thousands of dollars which they spend on anti-pollution stuff annually. The gasoline is non-recyclable and batteries are recyclable, which is another big advantage of hybrid electric vehicle as compared to conventional cars. The smaller size of hybrid electric vehicle improves fuel efficiency. Lesser oil is consumed and low maintenance is needed in order to run HEVs perfectly. Following fig 1.6 will show the difference of hybrid electric vehicle and conventional vehicle in term of fuel cost.

    Read More

  • Electric Cars

    1061 Words  | 3 Pages

    Electric vehicles today come as small as bicycles and motor scooters and as big as buses. In Melbourne, for example, we are using electric powered trams as public transport. Many people fancy electric vehicles because they have many advantages compared to petrol fueled vehicles. The benefits are: • Quiet, Clean Driving Experience ­ On a personal level, electric vehicles offer a quiet, fume-free, smooth driving experience.

    Read More

  • Benefits Of Electric Cars

    1100 Words  | 3 Pages

    Electric cars were recently introduced to the auto world. They are very fuel efficient while still having all the practicalities of a regular car. They are quiet and have zero emissions. They also are cheaper to maintain and cheaper to own then a gas powered car. Even though car enthusiasts dislike the idea of going fully electric, it is a very conscientious choice. Electric cars might seem like a useless form of transportation, but they offer features that help keep the Earth clean.

    Read More

  • Case Study: Electric Cars

    542 Words  | 2 Pages

    In this case study I will be discussing advantages and disadvantages of electric cars. Electric cars are cars that are powered by electricity. Electric vehicles are an important part of cutting emissions and reducing global warming. The battery of an electric car stores electrical energy. The electric motor is coupled to the wheels through gears; it converts 59-60% of electrical energy into the wheels. The battery runs the motor which allows the car to move. Electric cars are necessary as they will save money, because electricity is cheaper than gas. Also electric vehicles will help reduce global warming and pollution. However, some people say that electric cars still have environmental costs. The electricity used to recharge EV batteries has to come from somewhere in the world, and now, most electricity is generated by burning fossil fuels. Although electric vehicles are classified as green cars, purists will not appreciate the toxicity of the batteries.

    Read More

  • Traditional Cars Vs Electric Cars Essay

    682 Words  | 2 Pages

    Stenquist explains electric cars might get their energy from coal, wind, nuclear, and solar sources; in addition, these capabilities which improve the environment by reducing the detrimental sources. Stenquist (2012) asserts that electric cars can better reduce the global warming emissions from the gases, which result in a cleaner environment (p. 2). Furthermore, the author interviews several people to

    Read More

More about The Future of Electric Vehicles

Open Document