The Business Case for Electric Vehicles
Look, I know by the reaction of most people that electric vehicles are cool. The reaction that I normally get is something like “This is the coolest thing I have ever seen!” Why, well I have been dealing with battery electric vehicles for five years now. I also think that they are cool…
I have also been exploring ways to turn a profit on this cool technology for a few months now. Business can also be very hard. If it is easy to make money, everyone would be doing it. It is survival of the fittest. I mean like most natural systems. Building an electric car is not cheap. The electrical parts are in the thousands of dollars, as well as the batteries. The business plan is very risky no matter how I look at it.
Reports Show People want Electric Cars!
As one report notes:
Electric vehicles passed one million cumulative sales globally in 2015 and are entering a new phase. One most notably of more rapid deployment as automakers and consumers grow increasingly accustomed to the new technology. Growth to date in the electric vehicle market has been supported by governments, industry, and advocacy groups. Few places have done as much as California to help grow the electric vehicle market.
In addition, this study analyzes the California electric vehicle market in 2015. All to discern best-practice policy and promotion activities. All so that they might be emulated elsewhere. The work also provides a first such analysis of electric vehicle markets at the city level in California. Along with an analysis of city-level electric vehicle uptake. For they assessed the public charging infrastructure.
In addition to model availability, and other factors. All to identify leading-edge electric vehicle markets all in California.
Within this work, they conducted a detailed analysis of the 30 California cities. In addition and with the highest rates of electric vehicle penetration. For that’s examining how local organizations like regional and city governments.
In conclusion, utilities, businesses, and nonprofits working together.
Finally, for they are promoting electric vehicles through a wide array of activities.
Source: EV World Blog
Tuesday 25 October 2005