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The Journey Towards Electric Vehicles
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Are Fuel-Run vehicles Running out of Gas?
The spark that Tesla lit over a decade ago is about going off. It seems everyone in the world is finally coming together to go green in a big way. Whether or not that means we will ever live in a fuel-free world is a separate question, but it does mean we will be bringing in less fuel from other countries, possibly putting strain on their economies.
How Vehicle Manufacturers are Going Green
GM
GM has promised to bring in 20 all-electric vehicles by 2023, including two within the next 18 months. This type of first-step initiative is sought after, especially since they will be trailing behind Ford’s announcement even though they are already ebbing them out of the market with the Chevy Bolt and the Chevy Volt, which is widely-regarded as the most accessible hybrid and EV right now.
Nissan and Mitsubishi
Nissan is the leader in all-electric cars; the Nissan Leaf can be seen on the road more often than Tesla models at this point. However, Nissan, Renault, and Mitsubishi have announced a merger to launch 12 new electric-only vehicles by 2022. This will be an interesting angle to take, because Mitsubishi will undoubtedly bring a sports and competitive edge to the electric market.
Volvo
Volvo has made the most drastic initiative into the EV market. They announced that 2018 would be the last year they would offer combustion engines. From 2019 onward, all their cars will be electric or hybrid.
India vs. China
India and China are already competing to see who can get the most solar panels up by the end of the year, and while the race is close, the gap between the two is still much larger than most other countries are even attempting to install. But now they are taking their initiative out of the forests and onto the roads.
China has commissioned dozens of automotive manufacturers to create EV-only vehicles to ensure a stranglehold on the country’s market. Additionally, India is pushing to become the only EV country by 2030 to curb emissions completely.
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All of these initiatives are doing great things for the world and are also bolstering the kind of healthy competition the world needs for positive trade. Expect some industries to starve during these times, such as gas stations and gas prices, but now is the time to get into technology and solar power.
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