Within the next few years, all new vehicles might be electric. Don’t believe it? Check out how #solar is taking over the world…
According to Tony Seba, a trainer in clean energy and disruption at the prestigious Stanford University’s Continuing Studies Program, electric vehicles should be able to disrupt transportation all over the world and change the way we view transportation in just a couple of years. More precisely, Tony predicts this will happen by 2025. But is it really true? Or is it just a rumor?
Tony first presented his findings in Abu Dhabi, at the World Future Energy Summit. He explained what a disruptor is and how #electric vehicles powered by solar power can change the world in just a couple of years. Although Tony did not specifically talk about #solar energy, it is obvious that electric vehicles should be charged from green sources; and solar is the best such source. Also, solar energy has the highest potential of all green energy sources.
According to Seba, when various technologies merge together and a new market is created, a disruption takes place. Why a disruption? Because the convergence of said technologies is destroying or transforming an existing industry. As a side note, this exact thing is happening with solar power. Solar is disrupting the traditional energy industry.
Other notable examples of disruptive technologies, aside from solar power, are digital cameras (that replaced film cameras) and Uber (which revolutionized the ride-hailing industry). One thing to keep in mind is that disruption always happens from the outside; just like in the energy market, where solar energy started being produced by startup companies. And just like solar companies rose to power, so did Apple and Google when they first produced their smartphones.
Solar energy was something new when it first appeared. It sounded ridiculous that solar energy could power the world one day. However, so did the fact that phones made by Google, Apple and Samsung could be sold all over the world, making these companies the biggest producers of smartphones in existence. Companies that don’t keep up the pace are goners (as almost happened to Nokia not too long ago).
Tony Seba touched on the matter of solar energy in his speech at the World Future Energy Summit. He gave solar as an equivocal example. In his own words, the solar industry has grown by 40% every single year. However, mainstream forecasts (the International Energy Agency included) are still dismissing solar as the source of all of our electricity in the future.
So, how can electric vehicles take over the world, you may ask? According to Seba, EVs have already become disruptors. The price of batteries is dropping by around 20% every year. And don’t forget, solar energy is becoming increasingly cheaper by the year as well. There are also huge investments being made in the battery and solar technologies. Dyson has just announced an investment of £2.5 billion (that’s more than $3.5 billion) with the clear target of creating an electric vehicle by 2020.
If you think about it, there are just 18 moving parts in an electric vehicle engine. In contrast, a combustion engine has more than 2,000 parts. As one might imagine, it is a lot cheaper to maintain an electric engine than it is to maintain a combustion engine. If the initial price of the engine and its battery decrease enough, EVs will become cheaper than combustion engine vehicles. And considering the fact that the price of solar energy is also decreasing, it now becomes obvious that all new vehicles may very well be 100% electric by 2025.
But why does everyone focus on solar energy? The truth is that there are several other sources of green energy. There is wind and there is geothermal as well. However, none of these sources of electricity are as good and as versatile as solar energy. Solar canopies can be placed virtually anywhere; on buildings, on parking lots, and even on empty fields.
As long as there is sun, there will always be solar energy. And solar technology is quickly advancing. Huge investments are being made into researching new, more effective photovoltaic cells (the components of solar panels). The more efficient these solar cells, the more solar energy can be transformed into electricity. This is why the price per KW of solar electricity is dropping every year. In addition, hundreds of new solar projects are appearing all over the world. Even third world countries have started to work on solar technologies and solar projects.
One notable example is Jordan, a country that is powering two of its largest refugee camps using solar energy. Tens of thousands of people now have access to cheap electricity thanks to Jordan’s initiative. Syrian refugees can learn, have street lighting, use mobile phones and computers, and even cook using electric stoves. It is not farfetched at all to say that solar is the source of electricity of the future.
If you combine the power of solar with the advancements being made in the electric vehicle industry, you quickly understand why Tony Seba forecasts that all new vehicles will be electric by the year 2025. With solar electricity being cheaper, batteries being a lot cheaper, and EVs being cheaper than combustion engine vehicles, there is nothing that would entice consumers to purchase combustion engines. In other words, solar and EVs are disrupting the traditional energy and combustion engine markets.
There are several notable benefits as well. By using green energy to power our vehicles, we will lessen the amount of pollution on our planet. We will no longer release thousands of tons of CO2 into the atmosphere because of cars. We will no longer burn fossil fuels and coal to get electricity. Global warming could be stopped and it may even be possible to reverse its effects. By stopping global warming, alarming natural disasters will become rarer. As a direct consequence, potentially fewer people will die from extreme weather conditions and from illnesses related to air quality and pollution.
Solar and electric vehicles are disrupting the combustion engine market, and nobody should complain about it. Using green sources of energy should be the main target of every country on Earth. Follow solar news to stay in the loop with regards to what ends up happening.