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Why Electric Vehicles Are the Future of the Transport Industry

Model 1 | May 30, 2022

An electric car is plugged into a charging station, illustrating the future of the transport industry.

Electric vehicles first debuted in the transportation industry in the mid-to-late 1800s. Electric carriages, trams, and trains were used throughout various cities, but these early vehicles were not rechargeable and became impractical for transport. Today, it’s a different story. Electric vehicles are increasingly used in transport industries around the world. Current models offer impressive performance, practicality, and other perks. Many experts predict that electric vehicles are the future of the transportation industry. Read on to discover why.

The Environmental Benefits

  • Around 27% of United States greenhouse gas emissions comes from transportation, which makes it the country’s biggest contributor of these emissions. Worldwide, transportation is a big contributor of emissions.
  • Electric vehicles offer a more eco-friendly and sustainable alternative than traditional gas powered vehicles. When an electric vehicle is running, it releases zero emissions.
  • The batteries on electric vehicles do need to be recharged of course. But the power required can come from renewable energy sources, such as wind turbines or solar panels.
  • As various cities, states, and countries become more focused on reducing carbon footprints, transportation industries invest more in getting electric vehicles for their fleets.

The Reduced Costs of Electric Vehicles

Cost is a key barrier for the adoption of electric vehicles by transport sectors. But this cost is ever decreasing. For example, battery costs are predicted to decrease $150 to $200 per kilowatt-hour in the coming years. It’s largely due to the increasing investments in the transportation industry. Billions of dollars have been invested in companies focused on automotive technology innovation, which includes advancements in electric vehicles. As electric vehicles become more affordable, their adoption by the transportation industry becomes more accessible.

Increasing Government Policies Relating to Electric Vehicles

Various local and national governments are creating policies that help support the adoption of electric vehicles. Some come in the form of regulations that focus on emissions reductions. Some come in the form of incentives that make electric vehicle adoption more accessible. These various government policies can help assist the growth of electric vehicles in the transportation industry.

Increasing Awareness and Acceptance

People are becoming more and more aware of the environmental issues caused by transportation. At the same time, people are becoming more and more accepting of electric vehicle alternatives to gas-powered models. This combination helps lead to greater public support of electric vehicles in the transportation industry.

Ready to add electric vehicles to your fleet? Mode l1 offers a wide selection of electric vans, shuttle buses, school buses, and more. Our expert staff is always happy to answer questions and help you find the perfect electric vehicle for your budget and needs, so reach out today.