Electric Vehicle Adoption

Read More: https://www.raycap.com/the-future-of-electric-vehicles/

 

One of the main issues with regard to the widespread adoption of EVs in America is that there is a lack of convenience in regard to them. The switch from gas to electric has been slow, and even now after many years of production electric vehicles still only account for about 2% of the population of vehicles on the road. For a long time, many Americans did not embrace electric vehicle technology simply due to a lack of power or styling, however, this sentiment changed over the last ten years with Tesla, who began making EVs that were both luxurious and powerful. By simply changing the way the body looked, they changed many people’s minds as far as purchasing a vehicle that was not powered by gas. They also proved that an electric vehicle did not have to be slow and underpowered, showing that the technology would allow the cars to be more powerful than gas. This won over many more people, who began flocking to Tesla not only because they were electric, but just because they liked how the cars looked and drove. Tesla also rolled out a network of charging stations far superior to the existing charging stations in this country. They made it so that an 80% full charge could be delivered in less than 30 minutes of wait time, vastly improving on the multiple hours waits expected for most other brands. This addition of convenience grew Tesla’s following to cult-like status.

 

For the widespread adoption of electric vehicles to be complete, other manufacturers must be able to compete with Tesla in the same ways. While they can all match the power and the styling, they lack the charging convenience, forcing their owners to rely on the older technology within the nationwide grid of charging stations. For this reason, the government began to get involved to incentivize business owners to invest in installing new generation charging stations that can deliver faster charges. There is hesitation on their part, because the investment can run more than 250 thousand dollars and has an increased risk of damage due to lightning strikes than the previous generation. This increased risk is because the equipment costs more and takes up more space for installation. The wider footprint makes the possibility of a lightning strike and power surge greater and poses a larger risk for loss. To reduce these risks, high-tech surge protection devices for EV charging stations have been developed. The installation of these SPDs can vastly reduce the risk of losses, as it protects equipment downstream from the strike point more effectively than ever before. With the combination of incentives, tax breaks, and improved technology that can minimize risks, more businesses will install the fast chargers, which will help America make the switch more easily. The future is electric, and America is finally getting on board.