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Realizing the EV dream: challenges and possibilities for the future

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【Summary】On Day 1 of Automobility LA 2016, industry leaders gathered together to discuss the EV ecosystem — what it will look like, where to best focus their efforts, and how they can best provide integrative, innovative, and seamless solutions.

Original Claire    Nov 15, 2016 1:12 AM PT
Realizing the EV dream: challenges and possibilities for the future

To many in the automotive industry, the big question is not whether EVs will catch on, but when will they reach mass adoption. In 2016, many electric vehicles are already on the road. And over 150,000 will be sold by the end of this year. Yet the number is actually half of what the U.S. federal government has anticipated.

Making the collective shift from petroleum-fueled cared to electric power requires putting in place a vast ecosystem of tax incentives, government standards and consumer education — not to mention overcoming challenges like recharging times and grid connectivity. 

On Day 1 of AutomobilityLA 2016,  industry leaders gathered together to discussed the EV ecosystem — what it will look like, where they need to focus their efforts, and how they can best provide integrative, innovative and seamless solutions. The experts on hand included: Pasquale Romano, President and CEO of ChargePoint; Ben Stapleton, VP Facilities and Operations at the LA Clean Tech Incubator; Andrew Liu, VP New Ventures of AECOM and Peter Rawlinson, CTO of Lucid Motors.

Some of the key things the experts talked about:

  • A 53% decline in gas stations since 2006

  • Fuel economy - lower usage

  • Higher costs to run gas stations

The anticipation exists that EV charging spots will outnumber gas stations in the 2020''s as infrastructure advancements and incentives will improve EV adoption.

For EV's, the road ahead is not a smooth one. More innovations should be made to allow EV's to align with people's daily lives. The experts hope that:

  • By 2017 - there will be more car choices based on lifestyle

  • 2018 - lower friction in the purchasing process

  • 2019 - EVs cheaper to build and own

  • 2020's - Fueling convenience crossover

They also put forward a few groundbreaking ideas and concepts to the audience, such as all-electric buses, FreeWire technologies, as well as a Juicer and mobility center.

Clearly, the automobile industry will embrace EV innovations. A wide range of tech leaders and automakers are delving into the field in order to accelerate the mass production of EV's. As such, the future of green cars inculcated into the mainstream is not far away. 

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