Electric vehicles in the next 10-15 years may cause great changes in the transportation system

According to a recent report by an agency, due to stricter emission regulations, lower cost of electric vehicle technology, and increased consumer willingness to purchase, in the developed affluent cities of London and Singapore in 2030, there will be three points in the cars on the road. The second is electric vehicles.

Electric car, power battery, charging facility, new energy car

Electric vehicles are now very common. In order to reduce harmful greenhouse gas emissions, governments have promoted the development of the electric vehicle market by reducing taxes and fees, providing subsidies and setting up low-emission areas.

Electric car sales and battery cost decline The technical cost of electric vehicles is also rapidly decreasing. In 2015, the cost of lithium batteries was reduced by as much as 65%, the cost per kilowatt hour was only $350, and in 2010 it was as high as $1,000 per kilowatt hour. .

In the next decade, the cost of electric vehicle batteries is expected to be further reduced to less than $100 per kWh.

According to the report, in high-density and high-income cities such as London and Singapore, driven by factors such as restricted areas, consumer willingness and economic stimulus, electric vehicles will account for 60% of road vehicles in 2030.

The rise of electric vehicles will also threaten the traditional automotive manufacturing industry. The automotive industry is facing a challenge that is completely different from the future of the past, and the transition from a pure product ownership model to the provision of transportation services.

Fuel retailers also need to start thinking about further realizing existing assets while trying to get more out of the electric vehicle business, such as charging services, retail markets and fleet services.

The report pointed out that the intertwining of various trends, including the decentralization of energy and the popularity of the Internet of Things, will cause major changes in the transportation system in the next 10-15 years.

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