Daily Archives: August 2, 2017

Is UK really ready for electric car revolution?

Volvo is betting big on the vehicles, but the UK needs to invest in infrastructure to truly bring electric cars into the mainstream.

With Volvo’s announcement that the company is turning to only electric and hybrid engines in its new models from 2019, the industry is taking stock of how the energy network could cope with an influx of electric cars.

The uptake of electric or partly electric cars is already increasing at an impressive rate. Last year the number of registered vehicles rose by more than 50%.

But that’s still only around 100,000 – out of around 30 million cars in the country.

Volvo has bet big that this will change fast.

Philip New from Energy Systems Catapult says in the short term our energy grid should cope, but there could be problems.

“The likely pace of growth is something that the system can absorb for the next few years,”

he said.

“The caveat there is that if there’s clustering where too many people in one street are trying to charge their electric cars at the same time, that could cause a problem for the low voltage network and cause localised blackouts.

“In the future, if we get to penetrations of electric cars that are in the 60, 70, 80% range of take-up, that becomes part of the overall transformation of the energy system that needs looking at.”

Nothing is unfixable, but it will cost money. For example, putting in a thicker or entirely new cable down a cul-de-sac where a lot of residents have electric cars could cost tens of thousands of pounds. The question is who will pay for that?

Other solutions could be to install smart systems either in cars or in homes that help coordinate the charging of vehicles around peak times in the day and night.

Read more: Sky News

The World Is on the Brink of an Electric Car Revolution

The internal combustion engine had a good run. It has helped propel cars — and thus humanity — forward for more than 100 years.

But a sea change is afoot that is forecast to kick gas-powered vehicles to the curb, replacing them with cars that run on batteries. A flurry of news this week underscores just how rapidly that change could happen.

Robots at the Tesla factory in Fremont, Calif. put together electric cars. Credit: Tesla Motors

A quick recap: On Monday, Tesla announced that the Model 3, its mass-market electric car, would start rolling off production lines this week with the first handful delivered to customers later this month. Then on Wednesday, Volvo announced that every car it produces will have a battery in it by 2019, putting it at the forefront of major car manufacturers. Then came France’s announcement on Thursday that it would ban the sale of gas-powered cars by 2040.

All this news dropped just in time for Bloomberg New Energy Finance’s latest electric car report, which lays out why electric cars are the way of the future and when they’re projected to take over the market. The authors said although electric vehicles are currently a tiny fraction of the car market, that market could reach an inflection point sometime between 2025-2030. After that, electric car sales are slated to increase rapidly.

Driven by the falling cost of batteries and the growing number of automakers producing a wider variety of electric cars, Bloomberg NEF expects that electric cars will account for 54 percent of all car sales globally by 2040. That’s a huge uptick from its forecast last year of electric vehicles accounting for 35 percent of all sales.

The shift to electric vehicles will disrupt the fossil fuel industry. The 530 million total electric cars forecast to be on the road by 2040 will require 8 million fewer barrels of oil a day to run.

One of the big pitches for electric cars is their positive benefit for the climate because they reduce the use of oil. But they will require a lot more power from the electric grid. Energy use from electric vehicles is expected to rise 300 times above current demand, putting more strain on power generation.

Read more: Live Science

Milton Keynes 'Mushrooms' Charging Hub (Image: T. Larkum)

When Will Electric Cars Go Mainstream? It May Be Sooner Than You Think

As the world’s automakers place larger bets on electric vehicle technology, many industry analysts are debating a key question: How quickly can plug-in cars become mainstream?

Milton Keynes 'Mushrooms' Charging Hub (Image: T. Larkum)
Milton Keynes ‘Mushrooms’ Charging Hub (Image: T. Larkum)

The conventional view holds that electric cars will remain a niche product for many years, plagued by high sticker prices and heavily dependent on government subsidies.

But a growing number of analysts now argue that this pessimism is becoming outdated. A new report from Bloomberg New Energy Finance, a research group, suggests that the price of plug-in cars is falling much faster than expected, spurred by cheaper batteries and aggressive policies promoting zero-emission vehicles in China and Europe.

Between 2025 and 2030, the group predicts, plug-in vehicles will become cost competitive with traditional petroleum-powered cars, even without subsidies and even before taking fuel savings into account. Once that happens, mass adoption should quickly follow.

“Our forecast doesn’t hinge on countries adopting stringent new fuel standards or climate policies,”

said Colin McKerracher, the head of advanced transport analysis at Bloomberg New Energy Finance.

“It’s an economic analysis, looking at what happens when the upfront cost of electric vehicles reaches parity. That’s when the real shift occurs.”

If that prediction pans out, it will have enormous consequences for the auto industry, oil markets and the world’s efforts to slow global warming.

Read more: The New York Times