In this article, Adam Panayi, Managing Director of Rho Motion, analyses the obstacles to mass adoption of electric vehicles, current battery trends, and how increasing energy density will propel electric vehicles into the mainstream.
News of the electric vehicle (EV) revolution is everywhere, with government targets being set to reduce the number of new internal combustion engine (ICE) vehicles on the road over the coming decades, and pledged investment in electrification by major automakers amounting to US$300Bn to date.
As it stands, however, only 2% of new vehicles sold in 2018 were battery electric vehicles (BEV) or plug-in . . .