#1 cleantech news, reviews, & analysis site in world. Support our work today. The future is now.


Cars

Published on September 25th, 2019 | by Guest Contributor

0

The Business Of Electric Vehicles

September 25th, 2019 by  


Originally published on Medium.

By Todd Medema

Read Part 1, The Geopolitical Challenges Of Electric Vehicles. Part 3 coming in October.

In Q2 2019, Americans purchased 4,430,000 passenger cars.

2.1% of those (92,599) were electric vehicles — up from 0.9% in 2016.

Electric Vehicle (EV) sales threaten $4.3 trillion in annual revenue ($3T from gas automakers, $1.3T from gasoline):

Chart: Todd Medema, analysis here

To understand what a shift to 100% electric might look like — and whether it’s even possible — we’ll need to understand the three core auto industries: making, dealing (selling & repairing), and fueling.

Finally, we’ll explore two hot topics that influence these industries: Consumer Demand and Executive Compensation.

1. The Making of Vehicles

Why would they change?

Could they change?

primary resourese in EV batteries

Analysis (data from usgs.gov)

What would manufacturers look like in an EV future?

2. Dealerships: Selling and Repairing Vehicles

Why would they change?

Could they change?

What would dealerships look like in an EV future?

3. Refueling (by gasoline or electrons)

Why would they change?

Could they change?

What would refueling look like in an EV future?

4. Consumer Demand

Demand Creation: Advertising & Product Placement

Cost Competitiveness

Range Anxiety & Charging

Image: Tesla

Are there enough options?

Source: Statista

5. Executive Compensation & Incentives to Innovate

In Summary

 
 
Follow CleanTechnica on Google News.
It will make you happy & help you live in peace for the rest of your life.

Home Efficiency





About the Author

is many, many people. We publish a number of guest posts from experts in a large variety of fields. This is our contributor account for those special people. :D



Back to Top ↑