Electric vehicles still face real-world obstacles to compete for dominance
Electric vehicles have made significant advances in the market, but still the number on the road compared to gasoline vehicles is quite small, only a small percentage at best. Sure, companies like Tesla, Nissan, and GM are making headway in the market, but it’s still in its infancy and has a long way to go. There are some barriers to that dream of everyone driving an electric car in the future. Let’s tackle some of these.
Here are five issues to consider and challenges for electric vehicles (electric vehicles) if they are to compete in the number of gasoline-powered cars each year:
1). Road tax subsidies – In many states, motor vehicle departments give registration discounts for electric vehicles, which means other car owners pay more, and some states say they can’t handle the reduction in income, so Those tax breaks will soon disappear, once again removing the incentives to buy a vehicle. EV, at a time when the electric vehicle market is starting to take off.
2). Electricity Costs to Consumers: Consumers are now being charged more for electricity due to alternative energy power grid mandates. During times of drought, hydropower dwindles and solar farms are generally placed in areas away from major metro users, meaning more transmission lines are making their way into the desert at a cost of billions of dollars. dollars + power is lost for every mile of transmission. The cost of solar energy is not cheap, nor is the cost of wind energy. Although both are becoming much more efficient, many of the previously built wind and solar farms need a decent ROI and their costs were higher than the costs of building new ones now. Rising electricity costs change the value and costs for consumers who charge their cars at home.
3). Electric Car Range: Proponents say it’s improving by leaps and bounds, TRUE. However, people have friends who own electric cars and have heard that their range is not as good as previously promised. That customer sentiment and perception is a public relations problem that the EV industry must overcome and it will take time to reverse, affecting sales in the short term.
4). Lack of Charging Stations – Advocates point out that Tesla is working on this EV charging station issue, and yes, they are good for them, but not everyone has a Tesla or can afford one. As prices drop, can Tesla still offer this? What about other smaller EV buyers? Because if we want full adoption, people need charging stations to be able to travel, not just drive around the area. Electric vehicles limit consumers’ travel options, and since these vehicles cost more on average than regular cars, people will continue to buy what they are used to. The electric vehicle industry will need to sell several million cars a year before full adoption will be achieved.
5). Time to charge: Proponents point out that the time to charge EVS is drastically decreasing, yes, but again the perception is not yet in the minds of consumers. And not all electric cars are made equally or have similar battery technologies that allow them to charge faster. Being out of power and having to wait to drive your car is the same as being “stuck” and consumers hate the idea of that.
As we speak, engineers, scientists and industry professionals are working on these things, but there is a long way to go, that means many advantages, yes, but there is still a long way to go. Please consider this.