Electric vehicles have had a hard time getting traction in the past 100 years. Films like Who Killed the Electric Car highlight the many obstacles that the combustion engine threw in its way. However, thanks largely to Elon Musk and his company Tesla, it finally looks like the EV is here to stay. Due to the high production now of electric and hybrid cars, the cost of batteries is coming down significantly. And with EVs looking as beautiful as this Tesla Roadster, who can resist?
How do EVs help reduce carbon emissions and cut costs?
Firstly, whilst we still rely primarily on fossil fuel to produce our electricity in most of the world, it is much more efficient to produce electricity in a power plant than it is to do so in a small mobile combustion engine.
Secondly, as renewable energy becomes more widely used, electricity used in EVs will become cleaner. Combining a solar system in your home with an EV is a great way to help store your solar power and use it in your car.
Thanks to lithium ion battery technology, EVs can now have long ranges, and fantastic performance. Current high performing EVs are not cheap by any means, but I believe that by 2020 (and likely before) the cost of EVs will compete with combustion engines with similar specs.