Although electrification is the future of mobility, it’s undeniable that the current pandemic has affected the e-mobility industry alongside many others. However, as economies start picking up again the trends we observed in 2019 will continue into the future and the adoption of e-mobility will once again accelerate.
Let’s remind ourselves of these trends and advocate stimulus packages that set the right course for a green recovery.
What’s going up in the world of e-mobility?
Uptake in consumer EVs: The number of registered EVs continues to increase year-on-year. More than 63,000 new EVs were registered in Germany in 2019. This trend is continued in 2020. In March, more than 10,000 EVs were newly registered for the first time.
Autonomous driving: Almost all car manufacturers have published plans for self-driving vehicles, while start-up Waymo has already begun road testing its autonomous vehicle.
Demand-responsive mobility: This mode of transport involves a vehicle picking up several people travelling to similar locations. Intelligent routing algorithms are then used to calculate the most efficient route. A number of providers have already implemented this idea, including ioki which is available in Hamburg.
EV production: Tesla founder Elon Musk has announced the opening of a new Gigafactory just outside Berlin, with the project set to bring thousands of jobs to the region. The first European Gigafactory is also further evidence of the ever-increasing consumer demand for EVs.
What’s going down in the world of e-mobility?
Combustion engines: A new EU regulation was introduced in 2019, requiring the average CO2 emissions of new cars to fall to 95 g/km by 2021. Recently, the fleet average was just below 120 g/km.
Personal car ownership: The sharing economy is booming, with car and bike sharing start-ups thriving across Europe. Surveys show that half of Europeans would abandon their own cars if attractive sharing offers emerged.
Investment in fossil fuels: The European Union is to stop funding oil, gas and coal projects by the end of 2021, cutting €2 billion of yearly investments.
Battery prices: The average price for lithium-ion batteries has plunged 85% since 2010, fuelling the global EV boom. Kiwigrid develops IoT solutions for private and corporate e-mobility applications. Get in touch to discuss how our energy service platform can enable you to open up new markets, diversify your offering and shape the energy transition.
Kiwigrid develops IoT solutions for homeowners and businesses to unlock the benefits of electric mobility. Contact us to discuss how our energy service platform can enable you to open up new markets, diversify your offerings and shape the energy transition.