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What is the Future of Electric Vehicles?

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As mobility is shifting, so is the vehicles, and it won’t be wrong to say the electric cars are the future of the inevitable urbanization happening worldwide. However, the question that remains the same is “what exactly is the future of electric vehicles”.

Besides, as electric cars (EVs) grow more inexpensive, some experts anticipate that by the end of the decade. They will account for nearly a third of all new automobile sales.

In New Zealand, we have already seen it happening. As governments press forward to promote climate action via alternative fuel sources, the topic of electric car adoption among manufacturers is no longer wrapped in question but rather backed with assurance.

Although electric vehicle adoption in New Zealand has been slower than in other places, this is expected to improve in the next years, as the market has been validated by the arrival of high-quality EVs from Audi, Jaguar, and Mercedes-Benz in recent years.

Impact of the Electric Vehicles on the Overall Future

Over the last few years, the number of electric vehicles in New Zealand has doubled per year, reaching 14,000 vehicles or above. This is partly because of the abundance of low-cost used vehicles, the majority of which are imported from Japan. Annual transportation emissions should be cut by at least 6 million tonnes of CO2e by 2035, according to the Interim Climate Change Committee, compared to current levels. Electric vehicles, as well as other advances such as hydrogen-powered cars, improved rail transportation, and greener shipping, are projected to play a vital role in achieving this goal.

What to Expect from the EV’s in the Future?

New electric vehicles are expected to join the market, building on Tesla’s and other well-known EV manufacturers’ successes, such as BYD, BAIC, Nissan, BMW, and Volkswagen’s. Legislative victories in Europe, rising demand in Asia, and heightened awareness of the environmental consequences of fossil fuels in New Zealand will all contribute to the continued spread of EV technology. Here are a few sectors to keep an eye on for electric vehicle advancements:

  • Racing: Formula 1, the pinnacle of motorsport, has reported a significant advancement in full-electric motor technology.
  • Motorcycles: Historic motorcycle companies like Harley-Davidson and Ducati are already planning to transition to electric motorcycles.
  • Semi-electric trucks: The long-awaited electric semi-truck has come closer than it has ever been. The road-based transportation business will be revolutionized by companies like Nikola, Rivian, Tesla, Daimler, and Volvo.
  • Boating: Electric boats may soon be available at a marina near you, allowing boaters to navigate the world’s wide oceans solely using wind, solar electricity, and electric motors.
  • Airplanes: Electric planes appear to be the next step in the evolution of electric automobiles.

Cost of Ev’s in New Zealand

Even while electric vehicles are more expensive to purchase, they are much less expensive to operate and maintain than gasoline vehicles.

An annual trip of 12,500 kilometers in New Zealand would cost around $2500. They would only pay roughly $500 if they drove an electric car. That’s a substantial financial boost for the family.

Cost Factors to Run Your EV depends on:

  • The cost of electricity is (approximately 25c per minute plus 25c per kWh at a ChargeNet site, or if you stay at home and charge all night, it will be $1).
  • The amount of time you spend driving.
  • What type of driving do you undertake — hills, quick highways, meandering country roads?

Well, imagine you have managed the budget for the EV, and you can afford the cost too. But what are the charging options for you in New Zealand?

What are the Charging Options for EVs Now and in the Future?

In New Zealand, EV users can choose from roughly 65 different domestic charger options. Additional alternatives are available in other countries (e.g., the United States and Europe), and they may be introduced in New Zealand as the market establishes with time. Many of the current charger models are smart-charging wall-mounted chargers that offer faster EV charging and include control functions to manage the time and electrical load.

These chargers could eventually form the foundation of a fully regulated charging environment, allowing owners and other parties to control car charging. The expense of quicker, more feature-rich chargers, which can cost $5,000-10,000 to buy and install, is a major barrier to adoption.

 

Bottom line

The future is inevitable as the innovation in the form of an electric vehicle is just the beginning. Remember, electric vehicles are more powerful, economical, safe, and dependable than ever before. EV technology is being pursued by nearly every automotive manufacturer in the world right now, and many other businesses are exploring methods to adapt the science for their own products. So, fingers crossed as we are about to witness some amazing science in the future!

If you are already into it, you are probably looking for charging options. Well, DJ SPARK offers you all kinds of EV charger installation services in your area. Reach out to our electricians Auckland team now to know more!