Green Europe: 5 factors that will affect EV purchase incentives in the years to come

EVs are all the hype these days and they’re poised to take over the entire automotive industry in the next couple of years. This is for a number of different reasons which include the fight against global warming, high performances, and most of all, rising fuel prices. Hence companies are working hard to bring out all-electric ranges before the next decade starts.

At the same time, the electrification of the entire industry is facing many challenges. From the problem of the national grids not being able to handle the charging capabilities of all the EVs, to educating and implementing this in all European countries as well as around the globe, there lie a lot of issues. As far as improving EVs is concerned, the factors below will play a huge role in the coming years:

1.  Battery Packs

There’s no doubt that battery packs are a huge factor when it comes to selling electric vehicles. They’re the heart and soul of EVs as they’re responsible for storing all that energy that gives an element of sustainability to these machines. Battery packs are also needed to send this energy to make the vehicles move like they do and should.

The general aim is to improve the designs of these batteries. They need to be designed so that they can store more energy in order to provide us with higher ranges. They also need to be designed so that they occupy less weight as making bigger ones isn’t just the answer to our problems. Carmakers are working on improving the designs of the battery cells to do all of this.

2.  Electric Engine

Among with major components and regular car parts an electric engine is the driving force of any type of EV that you can come across. It is responsible for dealing with the movement of your car, using the energy from the battery. An electric motor controls everything about the drive including the control of the speed of the vehicle, plus it manages all of the changes in the load that occur during the drive.

There are many improvements that are underway when it comes to engine design. Carmakers are working on upgrading these engines to deliver higher power outputs for increased performance. They’re also trying to prevent energy losses when you put your foot down to increase efficiency.

Also, they’re working on making car motors more compact in order to save weight and space. Finally, they’re also working to build these machines out of comparatively more sustainable materials in order to cut down costs and prevent shortages that could effectively halt production.

3.  Autonomy

One of the reasons why Teslas caught on so well is their autonomous driving capabilities. People nowadays expect them from all the newest EVs, and Mercedes has stepped up their game with their latest upgrade to Level 3 autonomous driving capabilities. This is the first company to reach this status and many more are expected to follow.

Autonomous driving should be a huge step up in the automotive industry. That being said, it needs to be completely safe for the masses and it should be able to work everywhere without the need for humans to step in, while the option should still be there. If it works, we can expect it to save many from car crashes and take vehicle comfort levels through the ceiling.

4.  Charging

This is a big issue that turns people off electric vehicles. While automakers have been able to bring charging times down to as low as 30 mins from 0 to 80pc with super-fast chargers, it is still a lot of time when you compare it to the time it takes to fill up an ICE. Carmakers are hence working on improving their chargers to this point in order to make them recharge EVs quickly.

5.  Affordability

This one’s a big deal in why people often don’t get EVs. While it is likely that there exists an electric version of the car that they’re buying, they still won’t take it to save a couple of thousand on the price tag. This is something that has turned many buyers off electric vehicles as they’re just unable to come up with that extra cash.

Sure, buyers need to be educated on how EVs will save them a lot of money in running costs in the long run, but cars need to be more accessible as well. Also, European governments should play a bigger part when it comes to incentivization – we are talking about climate change after all.