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Electric Vehicles. Batteries vs oil: A comparison of raw material needs


Ken Fabian

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FYI

Automobile Industry has changed with the changing technological advancements. Electric Vehicles are further bifurcated in the following -

Electric Vehicle: An electric motor for electric vehicles transforms the stored electrical energy in a battery to mechanical energy in an electric vehicle drive system. Electric mobility is now expanding lucrative prospects for companies that manufacture electric motors for electric vehicles as a result of technological advancements. Electric motors for electric vehicles should have important characteristics such as a compact design, a high specific power output, low maintenance costs, and reliable control. Importantly, over the forecast's promising years, government policies will continue to be the linchpin for electric motors in the electric vehicle industry.

Battery-based Electric Vehicle: The sales of batteries for electric vehicles have been affected by a substantial increase in demand for zero-emission vehicles as a result of rising fuel costs, depletion of fossil fuel supplies, and tightening emission regulations. As cell manufacturers turn their attention to embracing cutting-edge technology and establishing strategic alliances with automotive OEMs, the electric vehicle battery market will have bright prospects. Several government measures to promote the adoption of electric vehicles to reduce emissions and pollution, as well as an expanding list of countries announcing plans to prohibit the future manufacture and sale of fossil fuel vehicles, bode well for the electric vehicle battery market's growth. Aside from its revolutionary technology, EVs are gaining popularity among customers for a number of reasons, including a smoother ride, lower operating costs, unique exterior styling, and more interior space, all of which will have an impact on the sales of electric vehicle batteries.

Hybrid Electric Vehicle: On the plus side, electric cars have a range of advantages, including lower running and maintenance costs and less emissions. With technological advancements, the electric vehicle portfolio continues to grow, with many consumers in various regions preferring completely hybrid or mild hybrid vehicles. In the figure below, a report shows stunning clarity on incremental prospects in the hybrid electric vehicle market in various regions. Europe will continue to be a market leader, with a strong market share. Many European countries have joined the ECOCHAMPS project, which involves the construction of hybrid vehicles with multiple powertrains. These are specifically designed to minimise vehicle weight and volume while increasing performance.

Web Source: https://www.factmr.com/automotive/electric-vehicles-market-insights

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  • 2 years later...

A Washington Post writer challenges Mr Bean on his recent critique of EVs in The Guardian.  Some good points, and facts clarified, on the overall carbon debt of an EV, the possible merits of hydrogen for personal vehicles, etc.

https://www.washingtonpost.com/climate-environment/2023/06/06/sorry-mr-bean-evs-are-better-choice/

For those facing a paywall, here is a screenshot of the article...

https://archive.is/ihdUT

For those who prefer soy biodiesel, of course, there may be Bean-friendly vehicles.  

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