The world may be seeing a revolution in the car industry in the coming years. Electric cars are going to be crucial in the wake of climate change and government’s subsequent policies towards it. Many countries have pushed their automobile industries to mobilize and shift towards electric cars instead of making combustion engines. The governments are using a carrot and stick approach, by providing incentives to electric vehicle makers and banning the sale of the combustion engine.
It is good if you already have an electric vehicle, but if you are looking to buy or sell your car in UAE then you must read this article about the potential stumbling blocks in the EVs flight:
They can’t replace all the gas cars:
If countries want to ban all the gas combustion engines, then it may present electric cars with a huge potential to fill the market. But is current EV production and technology enough to replace gas cars? Researchers project that if countries are to replace existing demand with EVs then they may need to produce millions of them which is highly unlikely in the near future as the technology is under development.
More batteries would be needed:
Some companies are trying to make hydrogen fuel cells. Toyota and Honda are doing research on it without much consumer interest. The current EVs are reliant on existing technology of lithium-ion batteries. But this technology is not enough. Fully electric cars will need bigger and better quality of batteries. Tesla is building its Gigafactory in Nevada and claims to be the world’s biggest building. It is projecting to produce 35 gigawatt-hours annually, but even that would not be enough to cater for the production of EVs. We need better and bigger batteries as cars are ready to replace cell phones as consumer electronics.
The battery material matters a lot:
If we switch the global energy supply to the renewable sources, we would need to mine a lot more cobalt, lithium, and other raw ingredients to produce those batteries. And that also will sustainability and responsibly. Here is an example, 60% of our current lithium-ion batteries are made up of cobalt. Cobalt comes from Congo, where human rights abuse is common. So researchers are working on new types of batteries that consume lesser ingredients. That’s the only way to achieve a clean system devoid of exploitation of resources.