Embrace Electric Car Strengths Or The Revolution Will Stumble

  • Date: 12-Apr-2022
  • Source: Forbes
  • Sector:Transport
  • Country:Gulf
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Embrace Electric Car Strengths Or The Revolution Will Stumble

Small and cheap electric cars are required for the electric revolution to succeed. The electric car revolution will succeed when advantages are exploited and limitations avoided. Unfortunately, the reverse is happening because electric cars excel at short distances and are poor on long journeys but are being sold as if they are all-rounders like traditional cars and SUVs. This doesn't bode well for future customer satisfaction. On the surface, the charge to electric cars looks unstoppable. Sales are bounding ahead exponentially, with a little bit of help from well-heeled first adopters, government edicts and sometimes eye-watering subsidies from taxpayers. According to LMC Automotive last month, by 2030, 61. 2% of new car sales in Europe will be all-electric, while Schmidt Automotive predicted 60% for Western Europe, and has since raised this to 65%. In 2021, battery electric vehicle sales more than doubled in Western Europe to 1. 2 million and an 11. 2% market share. The market is being distorted by some external factors which have malign implications. European Union (EU) carbon dioxide (CO) rules make it profitable to make big, heavy and expensive electric cars, but difficult to make profits on small ones. Also many countries – Britain in