Societies have made massive strides in their economic development, and one key player in that prosperity has been the automobile. Vehicles transport people to work as well as ferry goods from one point to another. But the current generation of vehicles has come with a massive attendant cost—the magnitude of greenhouse emissions is so great that our very existence is at risk if nothing is done to reverse the current trajectory of climate change.
The key to scaling back the damage is not by using less of the current fossil-fuel energy vehicles rely on. Instead, we have got to change the type of energy which we use in order register any meaningful progress in slowing down climate change.
Electric vehicles (“EVs”) happen to be one of the best options at our disposal to make the needed transformation happen in less than two decades. Barely a decade old, the EV industry has already made such huge strides that it is becoming commonplace for people to choose an electric vehicle rather than an internal combustion engine vehicle. Their range has improved massively, the lifetime cost of ownership is superior to that for traditional vehicles, and the purchase price of EVs is dropping each year.
To sweeten this option even further, renewable forms of energy such as solar and wind energy are already available to allow EV owners to plug in and top off in an environmentally sustainable way.
So, what is stopping the world’s population from shifting to electric cars? For starters, our infrastructure was designed to make fossil-fueled vehicles part of our lives. Think of the network of gasoline stations, the companies extracting fossil fuels and moving them around the globe and the technical know-how to maintain traditional vehicles.
Turning around all that infrastructure so that it supports electric vehicles requires a massive investment of money and time. This is no small feat, but it isn’t an altogether impossible one.
Governments need to step up and undertake a raft of measures to speed up the uptake of electric vehicles as well as the renewable energy that powers them. Those measures include incentive programs and policy changes as well as different forms of institutional support.
Countries such as Norway and China provide insightful examples of how government intervention can result in a quicker uptake of EVs, so all that governments elsewhere need to do is to be daring and take bold steps to make electric vehicles the default choice for the public. Are we up to the challenge?
ev Transportation Services Inc. is one interesting player that you should watch in the electric vehicle industry. The firm designs, develops and even manufactures a fully electric, light-duty utility vehicle that owners can customize for the needs of different industry applications.
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
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