EV Market Growth and Infrastructure Expansion
It really is a “Which came first? The chicken or the egg?” type of scenario. Do we jump in with both feet and flood the streets with EV’s or do we wait on the infrastructure expansion of hundreds of thousands of chargers to be installed?
Those of us that are in the market for our first electric vehicle often worry about range and charging options. We understand that the infrastructure isn’t nearly where it needs to be for longer trips. With EV sales numbers multiplying each year, we also understand that if the infrastructure doesn’t start expanding right now then it will become increasingly more difficult to find an available/open charging station. Recent projected numbers from leading automobile manufacturers show literally hundreds of new EV models hitting the market in the next 3-4 years.
Like a lot of things in the energy sector, solar energy not excluded, favorable policy will be necessary to make progress for EV infrastructure. Electric utilities, in general, see the gigantic opportunity before them to expand as the EV market grows. However, it seems many utilities are not eager to move forward with investments until the rubber hits the road. This hesitation to invest slows expansion and ultimately delays our transition towards electric vehicles. It will take effort on the consumer end to move forward. Pressure will need applied on utility commissions, political representatives, and communities.
To further complicate things, the declining fossil fuel industry is fighting with everything it has left to lobby against EV’s. The oil industry has requested additional fees for EV’s and lobbied to overturn subsidies for EV purchases, chargers, and infrastructure. Despite combustion engine vehicle bans in targeted cities throughout the world, the oil industry is still battling for a path forward. Our representation that is beholden to the oil industry will also stifle progress.
If you are interested in joining the effort to electrify our transportation systems here in the US, we encourage you to reach out to local groups already in the trenches. Many existing groups that are already out there trying to make a difference would welcome your support.
We have found that individuals with interest in EV’s and solar energy tend to be aware of climate change, and are active in reducing their carbon footprints. Many of our customers are already EV owners or soon will be. If an EV is in your future, we would love to talk to you about expanding your solar energy system or installing a new solar energy system that will cover your driving needs.
Read more:
https://www.politico.com/story/2019/09/16/oil-industry-electric-car-1729429
- Published in Climate Change, Policy