The Electric Vehicle Revolution
Electric vehicles are the future, be ready. . .
The Electric Vehicle Revolution
“Adoption of a new technology, like EV’s (electric vehicles) may seem slow or look like it’s never going to happen, until it passes a threshold. . . .and then it just takes off.” *Reda Cherif
By D. S. Mitchell
Horse and Buggy Days
There is a growing understanding that gas and diesel-powered vehicles will soon join the horse and buggy and dial telephone. New studies support a rapid acceleration process and a gathering momentum of the coming EV tsunami. Surprising as it may seem, soothsayers predict that more than 90% of all passenger vehicles in the U.S., Canada, Europe and other wealthy industrialized countries will be EV by 2040. Some studies are even more bullish, predicting that by 2030, ninety percent of all U.S. vehicles will be EV. That is less than 9 years away.
A Big Culprit
One of the major sources of deadly air pollution, and a major factor in climate change, is transportation. In order to protect the climate and the health of our citizens it is imperative we modify the vehicles on our roads. A few years ago, transportation edged out power plants as the leading source of carbon emissions. We can end this catastrophe. Sources tell us a rapid shift to electric vehicles can cut more than 800 million tons of CO2 emissions every year by 2040, and cumulative reductions will reach 16.2 billion tons by 2050.
New Technology
The transition is going to happen fast because EV’s are better than gas vehicles. There is less maintenance, lower operating costs, and more power. A big factor in boosting sales of EV’s is that production costs are also coming down. The cost of an EV battery has dropped 86% in the last 10 years. In spite of chip shortages and COVID-19 challenges, Ford Motor Co. has been showing profits throughout 2021. Ford announced that its F-150 Lightening electric pickup has generated over 120,000 pre-orders since it was unveiled to great fanfare in May.
