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Auto Industry Cranks Up For More Electric Cars As Hybrids Edge Batteries - Autos - Nairaland

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Auto Industry Cranks Up For More Electric Cars As Hybrids Edge Batteries by baress(m): 11:55pm On Oct 20, 2016
The auto industry has convinced itself it needs to produce more electric vehicles, but there’s one more decision to make – should it go for battery only, or plug-in hybrid.

At the moment, the future looks to be with plug-in hybrids, with battery-only less favored. Meanwhile Tesla Motors CEO Elon Musk is adamant it has to be pure electric. A plug-in hybrid is a mere interim solution on the way to an all electric future, Musk says.

The weight of evidence currently available suggests Musk is wrong. Admittedly, this “evidence” is really subjective, but it comes from reliable corporate players.

According to Schaeffler Technologies AG & Co of Germany, a big privately owned major supplier of components for the automotive and aerospace industries, by 2030 about 38% of global vehicles will be hybrids of one kind or another, while pure electric vehicles (EVs) will account for just 10%. That still leaves just over 50% powered by traditional internal combustion engines (ICE).



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http://baress.com.ng/2016/10/20/auto-industry-cranks-up-for-more-electric-cars-as-hybrids-edge-batteries/

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