Three Technologies That Could Unlock the Potential of the EV Industry

March 29, 2021 13:38:32

The age of the internal combustion engine is drawing to a close. In a bid to cut carbon emissions, several countries across the world are planning to phase out conventional gas-powered cars and replace them with zero-emission electric vehicles. Powered by rechargeable lithium-ion battery packs, electric vehicles (“EVs”) produce zero emissions at the tailpipe, making them the perfect vehicle for a green economy. However, for EVs to truly achieve widespread adoption, power grids around the world will need a massive upgrade.

According to an estimate by the New York Times, America may need to generate up to 25% more electricity to support a mass shift to electric vehicles. Demand for electricity will vary by state, with New Hampshire needing 53% more capacity and Nevada only requiring 25%. As the national grid is overwhelmed…

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