The Death of the Electric Vehicle Has Been Greatly Exaggerated
EVs are more omnipresent than ever before, but people don’t quite seem to realize it yet.
The failure rate of disruptive technology can be quite high. Estimates vary, but studies and expert opinions often suggest that the failure rate can range between 70% to 90%
New products and technology take a long time to develop if at all.
#innovation#newproductdevelopment
These days, unless they make some sci-fi warp drive noise when they drive by me, most electric _autos_ pass by unnoticed. Just because the EV industry didn't add a billion users in one year (looking at you, GenAI) doesn't mean its dead, or that they won't take over the world at some point.
That doesn't mean there won't be any internal combustion vehicles. Some of my best friends still program CICS on IBM mainframes for a living, but I don't think that means we should declare SaaS or cloud platforms to be failures.
If I didn't live in the suburbs where it's not safe to get almost anywhere on an e-bike or e-scooter, I would take one of those in preference to any auto when the weather was ok.
I like to ease into the newness - in this case, I’m more of a “hybrid” fan…I can see the benefits of running both power capabilities together. Makes more sense to me.
Our purpose is driven by our own values, and those values ultimately dictate how we as leaders run DHL Express:- Accountability, Involvement, Trust, As One, Best Day Every Day and a People and Customer First approach.
Why now……
After years of much talk and little action by major carmakers, why is the industry finally stepping on the accelerator? One reason is undoubtedly demand. Consumer interest is on the rise, driven partly by the environment. Extreme weather events are making the effects of climate change more tangible. The other is undeniably battery technology, which is advancing exponentially and making EVs much more competitive. Many analysts believe 2022 will be a tipping point when the cost of owning an EV will align with that of an ICE.
On top of it all, word is getting around that electric vehicles are easier to maintain and cheaper to operate, not to mention fun to drive. Our own fleet managers and drivers can contest to that.
Electric vehicle battery technology – its production, performance, and (most importantly) availability – is the most crucial factor driving the shift to EVs now and in the future. And we know that logistics has a vital role in the entire process.
But is there anything holding the industry back right now? What do electric car batteries look like right now – and what will they look like in the future?
#electrification#cleanoperations#sustainability#batterylogistics
GM’s Blazer EV struggles highlighted by The Wall Street Journal are reflective of the “wider challenges car companies face in mastering the fickle battery systems and sophisticated software needed for electric cars.” Recent Consumer Reports study found “EVs from the past three model years reported 79% more problems compared with internal-combustion-engine cars”. #innovation#EVhttps://lnkd.in/g92xVvuG
The trends are becoming more clear and they are in favor of the consumer and EV’s:
“At the same time, technology is improving quickly and making electric vehicles more practical. Cars that can travel more than 300 miles on a fully charged battery are becoming common, and charging times are dropping below 30 minutes. The number of fast chargers, which can top up a battery in less than half an hour, grew 36 percent from April 2023 to April 2024.”
#electric#affordable#EVhttps://lnkd.in/eGsbFzXg
Last month, I leased my first electric vehicle a Hyundai ionic five, which came with two years of free charging through Electrify America. I’m enjoying my new car and the $200 a week I’m no longer spending on gas. While my car can basically get a full charge in about 30 minutes it can take hours of waiting to use a level 3 charger.
Not only are there very few Electrify America charging stations in Los Angeles (zero in Beverly Hills and zero in West Hollywood) there always seems to be chargers that are broken. For example yesterday only 1 car could be charged at location meant for 5.
This only is compounded by the fact that Electrify America has partnered with 12 manufacturers to offer free charging on all new sales.
So every new AUDI AG ,BMW of North America ,Ford Motor Company,,
Genesis ,Hyundai Motor Company (현대자동차),Kia America, Mercedes-Benz USA , Porsche Cars North America and Volkswagen are going to be looking to use the same chargers that there already are not enough of.
How many more cars per month is that? 100s? 1000.? (Cross-Sell a little help here)
The # of EV owners who do not live in single-family homes is growing exponentially due to the lower cost of EV ownership and incentives like free charging from companies like Electrify America and EVgo, But if the aren’t installing enough chargers or keeping them in working order what’s the solution? Automakers could end up with a lot of frustrated customers because of their charihing partners.
Executive Director, U.S. Joint Office of Energy and Transportation, Agent of + Change
The trends are becoming more clear and they are in favor of the consumer and EV’s:
“At the same time, technology is improving quickly and making electric vehicles more practical. Cars that can travel more than 300 miles on a fully charged battery are becoming common, and charging times are dropping below 30 minutes. The number of fast chargers, which can top up a battery in less than half an hour, grew 36 percent from April 2023 to April 2024.”
#electric#affordable#EVhttps://lnkd.in/eGsbFzXg
It has always been my opinion that the transition to full EV adoption would be a long and complex journey. That's why hybrids make perfect pit stops on the road to a sustainable future.
Embracing a gradual shift with hybrid technology is key. As someone who is passionate about sustainability, I couldn't agree more. Hybrids offer a bridge between traditional gas-powered vehicles and full EVs. They provide greater fuel efficiency and lower emissions, making them an excellent alternative for those who are not yet ready to make the switch to full EVs.
#marathonnotasprint#changeisconstant#hybridsasasteppingstone
Electric cars are a great idea, but they are not without their challenges. As reported by Consumer Reports, electric vehicles are less reliable than conventional cars. Additionally, they run off of electricity that is often produced from non-sustainable, cheaper, and more reliable sources. While the idea of electric buses is exciting, the potential for breakdowns in cold climates, stranding commuters, children, and the elderly, could lead to heavy lawsuits. It is important to weigh the benefits and challenges of electric vehicles as we move towards a more sustainable future.
Are #electricvehicles vehicle sales falling? Will EVs cause the #electricgrid to fail? Is it time to radically change utility regulation? Below are quick takes on my Top 10 LI stories of 2023 (which you can check out). Please put YOUR top story in the Comments section.
#1. “Electric Vehicles Will Break the Grid”: Good news for EVs in the new MIT study; EVs can actually make the grid MORE efficient instead of causing new peaks. EV managed charging is the key to keeping the grid efficient and low cost as EVs accelerate.
#2. Electricity Pricing for EVs: Utilities are pushing time of use rates, but they are NOT a great solution for EV charging, despite the conventional wisdom. Everyone programs their EV to start charging at the same time, creating new peaks that will hurt the distribution system first. Dynamic options are key.
#3. People Still Don’t “Get” EVs: While #EV sales are up, we persistently see massive gaps in consumer knowledge around EVs and charging. #evcharging seems mysterious and difficult, and sales will struggle with Early Majority customers who won’t tolerate incomplete solutions like Early Adopters do.
#4. Tesla Keeps Winning: Pundits keep trying to belittle #Tesla, but Tesla’s sales went up about 40%, and the Model Y is reportedly the top selling car model in the world. Unfortunately, legacy OEMs seem to trip with every step.
#5. Misplaced EV Regulatory Incentives: U.S. #utilities typically make profits on capital projects. This creates a perverse incentive, especially as we add electric transportation to the grid. Superior societal and economic results would emerge if #regulation was performance-based.
#6. Car Dealers Say “NO” to EVs: More than 3500 car #dealerships signed a letter to President Biden in November asking to slow down the pace of electric vehicle expansion. Is the dealer model going the way of Blockbuster? Poll said “yes”!
#7. Tesla Wins Again, Charging: Just as new charging standards were arriving, both #Ford and #GM announced alliances with Tesla’s charging system and connectors.
#8. Equity in EVs: Barriers to adoption of EVs in multi-family and low-income sectors abound. But the biggest problem is simply inventory. Only 0.3% of all USED cars sold in the U.S. were EVs in 2022: 120K vs. 36 million gas cars. This will take decades to remedy. What can we do NOW? Ensure that electric rates don’t go up due to EV adoption with those who buy new cars.
#9. Real Life EV Experiences: I asked EV owners on LI to provide what has been the most difficult situation they’d encountered in their EV journey, either before making the decision to purchase, during the purchase, or after getting the car. The dominant theme: scary road trips.
#10. Video! Misinformation on EVs: I went out with a video camera and microphone and stopped people on the street to talk about EVs. This post has my clip about “What scares you most about EVs?” It’s funny and insightful: https://lnkd.in/gPia27yH
Fantastic article on the state of PHEV and why it is the way it is. For me, the money line is "PHEVs might also be viewed as an auto engineer’s response to a regulator’s demand for some degree of zero-emission running that no car shopper has ever walked into a showroom and asked for."
Here's the problem: I've spent over a decade working with utilities, which tend to be engineering-led organizations. And it's extremely rare for engineering-led solutions to meet actual consumers' needs and use cases. PHEVs are a logical response in a realm (car buying) that is largely driven by emotion.
Anyway, go read John's article. Well worth your time.
These days, unless they make some sci-fi warp drive noise when they drive by me, most electric _autos_ pass by unnoticed. Just because the EV industry didn't add a billion users in one year (looking at you, GenAI) doesn't mean its dead, or that they won't take over the world at some point. That doesn't mean there won't be any internal combustion vehicles. Some of my best friends still program CICS on IBM mainframes for a living, but I don't think that means we should declare SaaS or cloud platforms to be failures. If I didn't live in the suburbs where it's not safe to get almost anywhere on an e-bike or e-scooter, I would take one of those in preference to any auto when the weather was ok.