Love Pulse Posted July 2, 2021 Share Posted July 2, 2021 Today, the automotive sector is experiencing a revolutionary shift that has not been witnessed since Henry Ford began operating the first production line of cars in 1913. Thanks to electric cars, they are expected to outsell gasoline and diesel cars in record time. This is certainly expected by major automakers, with Jaguar planning to sell electric cars only from 2025 and Volvo from 2030. Over the past weeks, British sports car maker Lotus has announced its decision to sell electric cars from 2028. Perhaps the desire of many governments around the world to stop the manufacture and sale of internal combustion cars running on fossil fuels is one of the main reasons accelerating the transition to electric cars. But there is also the revolutionary technical development that hastened the end of the era of internal combustion engines. What is happening today in the automotive sector can be compared to the digital revolution that the world has experienced with the development of our use and dependence on the Internet since the late nineties of the last century until the present day, where the Internet in that period caused a great buzz about its ability to connect computers with each other. Let us then see the emergence of many companies that have made qualitative leaps in the use of the Internet, such as Amazon, Google and other companies that have imposed their presence in the Internet world in a way that surpasses their predecessors such as Altavista, Yahoo and others. When looking at the growth trajectory of the use of the Internet, we find that it is similar to the growth trajectory of the use of various operational energy technologies witnessed by the automotive sector, whether in terms of the use of internal combustion engines, or steam engines, and this is what will happen with electric cars, which dates back to the beginnings of trying to use them in the 1930s In the nineteenth century, Scottish inventor Robert Anderson began developing the first electric car. However, competition in this field has only intensified during the past few years, thanks to the development of its technologies and low prices. Battery Challenge About 20 years ago, General Motors worked on developing the EV1 electric car at a cost of one billion dollars, and yet it did not achieve any success at the time, with a single charge of 50 miles at best. But many things have changed in the electric car sector since then. Many electric car models appeared, most notably the Tesla 3 3, which is capable of covering 300 miles on a single charge, and can go from zero to 60 mph in 3.1 seconds. As well as its other technical specifications. The electric car sector is witnessing today a revolutionary shift in the technologies of electric motors, computer systems that control them, charging systems and their modern design. And most importantly, the battery technologies you use. The most notable change is the drop in prices. Ten years ago, a kilowatt-hour of its battery cost $1,000, but now it costs $100. This has helped reduce the prices of electric cars, and make them more desirable compared to cars with an internal combustion engine. When we compare the operating costs of electric cars and cars running on fossil fuels and the maintenance services they need, we will find that the costs of using electric cars are much lower than those operating with gasoline and diesel, especially with the development of battery technologies used in them, which are witnessing a remarkable improvement in terms of the distance that the car can drive. Electricity cut off on a single charge. Last year, the Chinese company CATL, the leading manufacturer of electric car batteries, unveiled the world's first battery capable of powering an electric vehicle for a distance of one million miles. competitive stage Experts predict that once electric cars reach the stage of cost-competitiveness with fossil fuel cars, the balance will tip in favor of electric cars. That's what Elon Musk, the founder of Tesla, is betting on. Which told investors last month that the Tesla 3 has become one of the world's best-selling luxury sedans. Musk predicts that Tesla's new and cheaper Model Y will be the best-selling model of any. "We've seen a remarkable shift in customers' perceptions of electric cars, as the levels of demand for our products are higher than ever before," Musk said in his meeting with investors. So, it is only a matter of time before electric cars dominate the auto sector sales. This is well understood by all major car manufacturers, as most of these companies are working to develop their products to become electric and competitive in this rapidly growing sector, especially during the last ten years. Link to comment Share on other sites More sharing options...
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