Extended range, enabled by evolving battery chemistries, promises to enable electric vehicles to meet daily needs and long-distance travel, eliminating range anxiety.
Advances in battery design and charging infrastructure will significantly japan mobile number reduce charging times, bringing EV refueling closer to the familiar convenience of a gas station.
As manufacturing efficiencies and materials improve, battery production costs will decrease, making electric vehicles affordable to more consumers.
Taken together, these battery breakthroughs will propel the EV industry forward, accelerate widespread EV adoption, and make electric vehicles more practical and attractive than ever before.
As batteries become more powerful, more efficient and cheaper, electric vehicles will become a more attractive alternative to traditional internal combustion engine vehicles. This technological leap has the potential to change public perception, stimulate demand and accelerate the transition to electric transportation.
Consideration 8: Gate strain
The potential strain on the electric grid must be part of the discussion around the expansion of the electric vehicle market. A key issue is the potential high cost of upgrading the grid to meet changing generation and usage demands. While individual households might easily adapt to EV charging, a large increase in EVs would strain existing electricity infrastructure in many areas. California has taken the lead in incentivizing EVs and has spent years upgrading its grid, but it still has a long way to go. Other states have not been so proactive, and rapid growth in electricity usage could require extensive and expensive upgrades to generating stations, distribution lines, and even transformers on local streets.