Eight Reasons EVs are the Future of Transportation
EVs can no longer be ignored as the world looks for ways to cut carbon pollution
Around the world, oil has become a dependency. For many, it might
be difficult to imagine the world without gas-fueled vehicles.
However, this future might not be so far off.
Auto Loan Solutions created the below infographic to highlight
the ever-growing influence of electric vehicles (EVs). Aside from
their economic and environmental benefits, EVs have grown in
popularity for several reasons.
The low cost of battery prices, the growing number of charge
stations and the benefits of EVs in the industrial sector are all
influencers in EVs growing popularity. In fact, these vehicles are
becoming so popular that sales forecasts predict EVs will make up
35 percent of new car sales by 2040.
This statistic is no surprise considering Tesla plans to build
1,000,000 EVs by 2020 and Ford has invested $4.5 billion in
developing 13 new models by the same year. As well, industrial use
of EVs is on the rise, with companies like UPS and Gnewt Cargo
using EV fleets.
EVs are an advancement in technology
that will meet pollution standards and create a better
environment. The International Energy Agency (IEA) referred to
EVs as “the heart of future sustainable transportation
systems” and “necessary to meet sustainability targets” in
their 2016 Global Outlook report.
This revolutionary advancement is necessary to create a
sustainable future and these vehicles offer as much power as
our current vehicles. New technology has made battery swapping
for EVs a simple 5-minute job, and the rising number of charge
stations – which currently outnumber gas stations in Japan –
point to the importance of EVs, and the convenience they will
offer.
Check out the below infographic to learn more about the
benefits of EVs for the environment and our economy, and the
major role they are currently playing in our transportation
industry.
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