Once a mere concept, electric vehicles (EVs) are becoming increasingly popular due to rising fuel prices coupled with greater awareness of their environmental benefits.
The global shift towards more sustainable and advanced technology in the automotive industry is only expected to continue as new entrants, such as Tesla and BYD, showcase their high-performance EVs and push the boundaries of what was once thought possible. Even as the assimilation of EVs into our daily lives makes us ponder what other groundbreaking technologies will become commonplace in the not-too-distant future, the journey towards net-zero carbon emission continues.
Smart technology that empowers the consumer will be key to providing flexible, resilient and sustainable energy.
– "Here's why our electric vehicle charging habits must change", World Economic Forum1
EV technology is integral to a “clean” ecosystem
Promising lower emissions and reduced air pollution, EVs offer lower costs of operation compared to ICE cars and lower maintenance costs due to lesser automotive parts.2 New innovations in bi-directional vehicle-to-grid charging will also allow EVs to channel energy back to the national grid.2
Electric vehicles fall into 4 basic categories:
Battery electric
vehicles or BEVs
vehicles or BEVs
Powered by rechargeable battery; recharges by plugging to grid
Plug-in hybrids
or PHEVs
or PHEVs
Both battery power and a combustion engine powered by petrol or diesel fuel;recharges by plugging to grid
Hybrid electric
vehicles or HEVs
vehicles or HEVs
A combination of battery power and a gasoline engine; battery cannot be recharged via grid
Fuel cell electric
vehicles or FCEVs
vehicles or FCEVs
Generate electricity to power the electric motor through a reaction between hydrogen & oxygen
Accelerating a global surge in EV adoption, cities and countries are racing to build a robust EV ecosystem through a consistent strategy – Australia has enacted policies such as incentives to increase EV uptake, aligning data sharing to show EV charging availability and infrastructure support, and encouraging fleet procurement programmes nationwide2. Meanwhile, Singapore’s National Electric Vehicle Centre (NEVC) is spearheading the country’s vision to reduce vehicular emissions by 2040 – through establishing a nationwide network of EV charging stations to meet 60,000 charging points by 2030, and deploying new EV regulations and standards towards green transport3.
LAPP’s Steer Towards the EV Charging Initiative
Innovations needed to
tackle ‘charging anxiety’
tackle ‘charging anxiety’
To address challenges on the road to EV adoption, innovative solutions are needed to create more robust charging infrastructure to meet demand in power, as presented by EV users' changing habits4:
51%
of EV owners charge their cars at home through the power outlets or mounted wall boxes
28%
use public charging points
~9%
have their cars plugged in when they are in their offices
As a leader in the cabling industry, LAPP understands the importance of staying ahead of global trends. That's why we are dedicated to providing products that not only meet current demands but also contribute to a better future for the environment. Discover how we are paving the way to a lower-emission future with innovative solutions in seamless mobility:
References:
1. Here's why our electric vehicle charging habits must change, World Economic Forum. https://www.weforum.org/agenda/2023/01/electric-cars-charging-habits
2. The National Electric Vehicle Strategy, Australian Government. https://www.dcceew.gov.au/energy/transport/national-electric-vehicle-strategy
3. Our EV Vision, Land Transport Authority (LTA). https://www.lta.gov.sg/content/ltagov/en/industry_innovations/technologies/electric_vehicles/our_ev_vision.html
4. Exploring consumer sentiment on electric-vehicle charging, McKinsey & Company. https://www.mckinsey.com/features/mckinsey-center-for-future-mobility/our-insights/exploring-consumer-sentiment-on-electric-vehicle-charging
1. Here's why our electric vehicle charging habits must change, World Economic Forum. https://www.weforum.org/agenda/2023/01/electric-cars-charging-habits
2. The National Electric Vehicle Strategy, Australian Government. https://www.dcceew.gov.au/energy/transport/national-electric-vehicle-strategy
3. Our EV Vision, Land Transport Authority (LTA). https://www.lta.gov.sg/content/ltagov/en/industry_innovations/technologies/electric_vehicles/our_ev_vision.html
4. Exploring consumer sentiment on electric-vehicle charging, McKinsey & Company. https://www.mckinsey.com/features/mckinsey-center-for-future-mobility/our-insights/exploring-consumer-sentiment-on-electric-vehicle-charging