All about EV

MilkTeaBro
2022-03-27

In terms of energy consumption, electric vehicles are relatively lower, saving an average of $11.56 per 100 kilometers

The absence of engine and fuel components reduces maintenance and repair costs for electric vehicles by 50 percent.

Maybe many people have such a doubt: power generation also consumes energy, so compared with fuel, where is the environmental protection of electric vehicles?

From the perspective of production and energy consumption, it is undeniable that the production of electric vehicles emits an average of 30 to 40% more greenhouse gases than the production of fuel vehicles. Among them, the battery is the part that emits the most greenhouse gases in the production process.

However, the low energy consumption in driving will make the environmental protection of electric vehicles appear in the future. According to a study by the Massachusetts Institute of Technology, the carbon dioxide released by electric vehicles will be reduced by 75% in the next 30 years.

From a regional perspective, China, Europe and the United States are the three largest electric vehicle markets in the world.Why can these regions occupy more than 90% of the electric vehicle market? The reason is that electric vehicle production is concentrated in these three regions.


Roughly speaking, the electric vehicle market can be divided into two forces, old and new.

The old one is an old-fashioned car company with a century of history and is striving for transformation, while the new one is a new generation of car manufacturers represented by Tesla and developing rapidly.

Although the old car companies have an advantage in quantity, the new generation of car manufacturers generally develop rapidly.

In order to catch up with the new generation of car manufacturers, established car companies have increased their investment in real money to enter the electric vehicle "race".

In the next 5 to 10 years, global automakers will invest a total of 515 billion US dollars to build electric vehicles, of which Germany's Volkswagen will top the list with 112 billion.

In addition to large capital investment, established car companies have also set phased goals for future transformation.

Toyota: To launch 70 electric vehicles by 2025

BMW: By 2030, half of global sales will come from electric cars

Ford, Honda, Volkswagen: By 2050, carbon neutrality

Judging from the global electric vehicle sales list in 2021, the final winner of the electric vehicle market has not yet been determined.

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Comments

  • Jlkc
    2022-03-30
    Jlkc
    1. Is electric car production consume less energy and less harmful to earth compared to typical?
    2. Isnt the electric consumption of the car still comes from fossil fuel?
    • MilkTeaBro
      electrical car production make more waste, expecially the battery. In China, 70% energy came from coal.
  • AKKok
    2022-03-29
    AKKok
    will the sentiments go to old school car maker who has lotsa catching up, or the new boys whose has the tech but not entirely the knowhow of the mechanics?
  • cykhor
    2022-03-29
    cykhor
    Ev for sure will be replacing petrol car in future. This is another revolution of industry, who can make ev truck will be industry leader.
  • QArmieeQ
    2022-03-29
    QArmieeQ
    The next generation EV cars will be Autonomous Vehicle and Flying Cars. I will bet on $XPeng Inc.(XPEV)$ .
  • Andaru
    2022-03-29
    Andaru
    what about the resource required to build the battery in particular, is it highly available and the process isn't harmful to the environment?
  • ashk3
    2022-03-29
    ashk3
    It's certainly the direction the world is moving towards
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