Is the Automobile Industry Ready for an Electric Revolution?
Though Tesla has emerged as the seeming electric car leader, in July 2017 Volvo announced that it would go fully electric by offering an electric version across its full range and, that their new models offered would all be electrically powered. Other automobile manufacturers, such as Ford, General Motors, and BMW have likewise pledged to design and deliver vehicles to meet the growing public demand for electric motor vehicles. But is the automobile ecosystem ready for the dramatic changes that electric-powered autos will bring?
Electric Vehicle Charging Stations
Currently, petroleum-based fueling stations outnumber electric charging stations by a wide margin. That gap is expected to narrow with planned charger installations and significant development in fast charging. In order for electric vehicles to become competitive with internal combustion engine vehicles, a charging infrastructure needs to be in place to ensure drivers won’t be stuck out on the road. While many of the current chargers being installed run on 240 volts, in order for chargers to be seen as truly competitive, fast chargers need the capacity to reach 350 kilowatts (kW). The next-generation fast charger is expected to recharge electric cars for a range of 200 – 300 miles with a 15 minute fast charge. Continue reading…