Electric cars are the future. Climate change is something that humanity will forever be trying to reverse and slow down. One of the main pollutants in our society is carbon monoxide—an emission of motor vehicles that run on gas. Electric cars, however, are much more green and produce little to no emissions in our air. I know Tesla is discussed a lot on this blog, but they are the leaders in the industry and are the future of green cars. Electric cars have risen in sales, and that is partially due to the government subsidy that is given to consumers when they purchase a vehicle.
Graph showing growth in electric car sales. https://www.statista.com/chart/14118/global-electric-vehicle-stock-by-year-and-engine-type/
Electric cars are also predicted to be half of the market by 2040. Personally, however, I believe this number is almost unachievable. With cars being produced with gas-powered engines, there would have to be an immediate halt of production to get consumers to purchase new vehicles that are electric and have or half the population by 2040 be electric. Consumers do not buy a new car every year, and many like to hold onto cars for years after purchase. Also, the used car market will be predominately gas-powered engines for the next 40 years as well. In addition to that, the uncertainty around electric cars being sold as used cars.
“Recycled Car” https://www.techandfacts.com/are-electric-vehicles-really-zero-emission/
As I have previously stated, electric cars are not only a commodity but also a necessity. Climate change is only going to get increasingly worse, with more and more drivers getting cars and licenses every year. Growing economies lead to more cars in one household, and these new cars need to be electric. The air in major cities is more heavily. Los Angelis is one of the most polluted cities in the US, and no one can argue that the mass amount of motor vehicles is not to blame for the pollution. See the map here.
Speaking in ENG147H terms, electric cars need to be a paradigm shift that takes palace. If it is not, we will be writing essays in the future about how we could have saved the earth, or at least helped it. Either that is our reality, or students will be writing about how humans saved the earth with a shift from gas-powered to electric-powered vehicles.
Next week we will jump back into Tesla and discuss the stagnant stock price of TSLA over the past month.