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Is the future of the car electric?

Electric cars. The future of mobility? According to Bloomberg, in 18 years, registered battery-powered cars in the World will outnumber cars with internal combustion engines.

In Italy at this time, with the crisis in the automotive industry, electric cars continue to be sold and even to a greater extent.

In fact, from July 2019 to July 2020, the number of electric cars sold in Italy doubled.

Electric cars
Electric cars sold in Italy
(performance first half of 2020)

Electric car sales in Germany even reached a market share of more than 10 percent for the first time in July, benefiting from the doubling of incentives decided by the German government. Registrations of new electric cars in July rose 288 percent year-on-year to 35,955 vehicles, with market share reaching 11.4 percent in Germany as a whole.

A growing phenomenon, all over Europe. In Italy, registrations increased by 100 percent in one year. 10,000 units from January to June 2020 alone. Market share remains much lower than German standards (1.7 percent . But it was 0.8 percent in 2019 and is still expected to grow by large margins).

Worldwide plug-in electric vehicle sales increased by 9 percent in 2019, continuing a years-long growth trend. in just four years have almost quadrupled.

electric cars
Worldwide sales of electric vehicles from 2019 to 2019 (millions)

Considering that there were more than 5 million electric and hybrid cars in circulation worldwide in 2018, it can be estimated that, with new sales in 2019 and those in the early 2020s, the fleet of cars in end of 2020 should come to about 10 million cars. In two years, basically the number of cars on the road could double. Growth, then, that is beginning to be exponential.

electric cars
Number of electric and hybrid cars on the road in the world (by years in millions)

Such a sharp increase is leading many investors to buy shares in companies in the electric car and battery manufacturing sector. A new inducement that could revolutionize the world of automobiles.

We come to the costs:

Take for example, among various electric cars, the Wolkswagen e-up! It is priced at about 23,000 euros, but with state eco-incentives of up to 10,000 euros, it becomes a competitive price with the same gasoline car. Currently the best-selling in Italy is the Renault Zoe.

In large cities, the use of electric cars gives the opportunity to travel in central areas, which are now toll-free, without paying tolls and parking for free. On traffic-free days, electric cars also can circulate. Which is no small thing!

Cost per 100 km?

Difficult to quantify. It depends on the column. It ranges from 2 euros to 10 euros per 100 km.

If you then recharge with a home charging station powered by photovoltaic panels, the cost becomes close to 0.

Pollution and emissions?

Again, it depends on the model and kwh of power. C02 emissions over the lifetime of an electric car are very low. It emits fewer greenhouse gases than cars with combustion engines.

An electric car emits about 28 percent less C02 than a high-end diesel car and about 42 percent less than a gasoline-powered hatchback.

If renewable energy sources were used, emissions would be further halved.

Other advantages of electric cars?

Comfort over noise. Basically, the electric car is distinctly silent compared to a car with an internal combustion engine.

Disadvantages?

Still relatively high costs (despite eco-incentives) on sedan and higher-powered models.
Poor availability of charging stations.
Still little range to be able to take long trips. (Although there are designs for ultra-long-life batteries, read more here.)

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