Top 8 Electric Vehicle Trends for 2020
forecasts, technology, solar and autonomous driving and factors impacting fleet electrification
According to the forecast, the number of electric vehicles (EVs) on the roads will increase by 54% to 125 million by 2030.
Consumer concerns over the reliability of batteries, limited autonomy options, and many other issues have hampered the rapid and widespread adoption of the EV.
By 2020, the most advanced technologies to solve these problems and entice consumers will be integrated into EVs.
#1. Battery Technology
Currently, key players and shareholders of battery technology are investing heavily in various energy storage systems for EVs.
While GM and Tesla are investing heavily in lithium-ion batteries, Breakthrough Energy Ventures, led by Bill Gates and fellow billionaires, invest in ESS to manufacture iron current battery technology. Venture capitalists and other billionaires are investing in flow batteries and other alternative battery technologies.
With a vast investment in battery technology, 2020 has become a productive year for battery technology, In the Coming 2025 the massive increase in the usage of battery technology for all Automobile industries.
#2. Autonomous driving
With the widespread adoption and expansion of the 5G network expected, many EV manufacturers are expected to focus their efforts and investments in autonomous driving.
Big players in the EV industry, such as Tesla, Toyota, and Peugeot, are already working to turn autonomous driving into reality. To accelerate progress towards autonomous driving, manufacturers seek partnerships with smaller companies and combine their resources, skills, and technology for collective effort.
For example, Volvo and Baidu have partnered on large-scale development of autonomous driving in China.
#3. Charging technology
Limitations imposed by charging capacity are one of the major obstacles to the widespread adoption of EVs.
Zachary Shahan of Clean Technica says that “consumers have a range of concerns” when charging EV’s technology, with 80% of first-time buyers asking how far they can go on a fully charged battery and 20% asking how long it takes to fully charge.
Although EVs are environmentally friendly compared to ICE, they are less convenient for long-distance travel and travel. The idea of recharging their cars every 2 to 3 hours for 30 minutes will alienate some potential customers. To address this barrier, car manufacturers such as Tesla, Audi, and Porsche are increasing the number of fast-charging stations available to their customers.
#4. Electric aircraft
The benefits offered to car manufacturers by the adoption of electric power are undeniable, enticing, and influencing other modes of transport such as aviation to follow suit.
At CES 2020, which just ended in Las Vegas, Uber and Hyundai announced their new partnership to develop 100% electric aircraft called S-A1 for ride benefits. The S-A1 will be tested within a year and will be launched in 2023 for ride-share operations in congested cities under Uber Elevate.
Other major airlines entering the electric market are EasyJet, which plans to make its electric aircraft a reality by 2030. Also, Wright Electric from the US, Aviation from Israel, and a few others are in the planning stage or have already developed models of their electric air-taxis or passenger aircraft.
#5. Software
Technology is dynamic and changing from time to time. This means that EV software solutions for security, connectivity, and infotainment systems have always been a technological trend.
For connectivity, software developers adopt 5G and use its low latency and high-speed connectivity to initiate the realization of safe and truly autonomous EVs.
In Infotainment, EV’s software exploits the high bandwidth provided by 5G to provide infotainment in a car, such as 3K — 4K videos streamed live in real-time.
#6. Solar-powered cars
Another interesting technological trend revolves around solar-powered cars. Many manufacturers are already working to turn solar cars into reality.
By allowing the car battery to charge in motion, it could be a perfect game-changer for the EV market. There are some interesting models in testing right now, and by 2020 some of them could look closer to production.
Others are also trying to develop solar-powered hybrids.
If achieved, some predict that the global market for solar-powered EVs will be in the B1 billion order by 2020.
But, as with every new technology, any models that are close to the product are very expensive. An example, Lightyear One, can give you back 7,107,000 per unit.
# 7. Urban consciousness
The EV industry is expected to follow in 2020, as is the evolution of urban mobility strategies for traditional cars. Car-sharing applications and solutions are among the urban mobility strategies that are expected to become an EV tech trend by 2020. EV car-sharing apps, such as the e-car, are expected to expand widely into a trend in the EV market, from a select few.
Urban mobility trends are not limited to car-sharing, but also flight-sharing. Hyundai-Uber partnership to develop electric plane ride sharing is the foundation for future development.
Urban mobility (e.g. car-sharing apps)
Developments in urban mobility, mainly car-sharing solutions. For EVs, there are already some apps like e-Car Club and BlueCity that allow customers to require advantage of EV cars without the financial expense of getting to shop for one for themselves.
As other companies realize the potential of such a market, next year could soon see an explosion in car-sharing apps, companies, and other solutions.
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