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EV’s Rise to the Top

Posted on August 1, 2017 by Matt Tomasino There have been 0 comments

The auto industry is a hard nut to crack. For decades it has been an elite boys club that has continued to try to hold on to it's antiquated ways of increasing the bottom line. Add in the very powerful fossil fuel industry and the two have continued to create a road block for electric vehicles (EV’s). Now, it looks like the tide is shifting.

Brief EV History

The EV revolution began as far back as the 1880s when the invention of the USA made battery and electric motor merged putting some of the first EV’s on the road. However, by the early 1900s, crude oil refinement and combustion engine advancement lowered the cost of gas powered vehicles so much that EV’s began falling to the wayside.

There was a resurgence of interest in EV’s when the 1973 Arab Oil Embargo surfaced creating long lines at the pump. This was short lived however when high oil prices tapered off and gas became a cheap commodity once again.

Yet, in 2006, Tesla Motor Co. introduced its first advanced EV which could travel 200 miles on a single charge. This was a game changer that soon had the conventional auto industry on the ropes as more green aware consumers began to demand better choices than Eco-unfriendly fossil fuel vehicles.

Now, it seems that auto manufacturers are playing catch-up, offering a variety of hybrid, plug-in hybrid and electric vehicle options. It took over 100 years but it is finally a sign of how EV’s rise to the top has become an optimal choice of future transport for travel and recreation.

Stats are in the Pudding

You can’t deny statistics and with more companies offering an alternative option to conventional fossil fuel engines, consumers are responding.

According to a recent report by Forbes, it was stated that,

“Final numbers for electric vehicle (EV) sales in the U.S. were recently released for January. The 70% year-over-year increase in monthly sales continued the strong momentum from 2016.  Following a 5% decline in sales from 2014 to 2015, U.S. EV sales jumped by 37% in 2016.”

For worldwide sales, Forbes reported,

“Globally, growth has been even stronger. Since 2014 global EV sales have more than doubled. Following a 72% jump in 2015, 2016 saw a 41% global increase in sales to reach 777,497 vehicles.”

The writing is on the wall and as technology and auto manufacturing advances, so too will consumer reaction.

Volvo Steps Up

Large automotive corporations often knock down the idea of EV’s but have been secretly developing its own designs as more consumer interest emerges. Recently, one company has stepped up with a surprising announcement.

Known as the “Tesla Effect” which is driving more interest for companies to follow EV production, Volvo proclaimed its intent to abandon traditional combustion engine production. Starting in 2019, Volvo will switch to electric alternatives and some “mild hybrids” that consist of smaller engines which will eventually crossover to pure zero emission designs.

Volvo's chief executive, Håkan Samuelsson, commented, "This announcement marks the end of the solely combustion engine-powered car."

GreenBiz reports that,

“By jumping into the market feet first, Volvo has offered the clearest vote of confidence yet that electric vehicles are becoming the go-to choice for modern consumers. They have shed their image as a niche alternative, and gained the gut-punch appeal needed for them to take over the mainstream market. Now that this has happened, expect other carmakers to follow Volvo's lead as the market winds blow ever stronger in electric's favor.”

 

As much as Big Oil has attempted to quash Eco-friendly transportation and home heating solutions, consumer response has finally trumped this approach. Hopefully, we will see more EV production and infrastructure changes consume oil industry standards resulting in less pollution, less environmental damage and more energy efficient approaches across the board.


This post was posted in Blog and Green Library, Eco Travel and was tagged with electric vehicles, ENERGY EFFICIENT, EV's, SUSTAINABLE, Tesla

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