the popularity of electric vehicles will depend on batteries
The growing popularity of electric vehicles in the next four to five years will depend on the improvement of batteries, Norbert Rücker, chief economist and head of the Next Generation research group of the Swiss bank Julius Baer, said in an interview with RIA Novosti.
“For the next four to five years, a lot will depend on batteries, and we are confident that the progress of the past will continue to increase the range and shorten the charging time, that is, further increasing convenience. And new platforms, wide choice in the market will lead to lower prices. on them, “he said.
“Why are we convinced that the situation will be completely different in 10-15-20 years? use the potential of this technology, “the expert added.
He recalled that the transition from internal combustion engines to electric vehicles began with private cars and then very soon began to influence commercial vehicles such as trucks.
Rucker pointed out that it was trucks that used to consume more than 50% of all oil.
They have passed that point, and the shift to electric vehicles is already part of this new dynamic in the energy market in itself.