Have you ever thought about what the future of driving would look like? For generations we have wondered how transportation would evolve and what the next invention would bring. Well, the future is now, and electric vehicles are the new frontier.
EVs are taking over the roads, and they are here to stay. What started as a market for early adopters and technophiles has transitioned to mass adoption from businesses and the general public. While ESG is creating a rise in demand, lower batter costs and improved charging infrastructure, the surge in popularity also comes from the promise of higher quality vehicle.
What does this mean for traditional gas-powered vehicles? Well, this change won’t happen overnight. In fact, it may take roughly 20 years to turn over the entire combustion fleet in America, and unknown variables could affect this timeline. It takes time to adapt to a new energy source, and the existing gas-powered vehicles will take time to reach the end of their lifespans.
It’s important to note, EVs alone won’t be our end-all-be-all solution to meeting the Paris Accord goals. While they are exciting and a major step forward, the solution to the overall energy advancements needed is much more complex. That’s where we come in. At Pickering Energy Partners, we have the expertise and insights to demystify the complex energy landscape, across topics like the exciting innovation of EVs to the long-term evolution of the traditional energy space.
Watch the video below to learn more about our commitment to bringing you back to the future, and stay tuned for more insights from our team.