As the promotion of electric vehicles (EVs) has increased massively, the entire transportation industry is going to need to convert to a more profitable and sustainable e-mobility business model for sales to surpass where they are now. Not only are more charging stations a necessity but the launch of retailers, regulators, and corporations plays a big factor into future developments.
Compared to cars that are powered by gas, EVs and their design are a lot more interlinked. Due to this, there is a high sense of pressure towards the performance of e-mobility. According to Ulrich Scholl, vice president of e-Mobility at SAP (a business software market leader), “the e-mobility network consists of multiple players from different industries and sectors with intertwined supply chains. To operate with flexibility, and cost-efficiency, they need to collaborate across stable, cloud-based industry networks that foster sustainable innovation around standardized processes including invoicing and billing, as well as overall e-mobility management among partners.”
The main question that remains is: how will EV battery recharging remain as easy and practical as refilling your gas tank (Galer 2021)? According to Forbes Magazine, services are drawn to bi-directional charging that simultaneously recharges EVs while adding the battery’s stored energy back into the electrical power grid. In turn, this makes drivers the energy producers and cars into mobile power storages. Through this method, retailers are gaining profit from solar panel energy while providing consumers free car charging while shopping, increasing customer loyalty (Galer 2021).
Similar to how the iPod changed the music industry, e-mobility reimagines the objective of a vehicle. According to Forbes Magazine, some manufacturers already proclaim EVs as self-powered RVs. Even larger are the consequences that come with wide-reaching innovations, such as vehicles that are able to provide uninterrupted power for tools at remote construction sites (Galer 2021).
The long-term benefit of EVs is reaching the minds of consumers, corporate, and government lists. With over 80 percent of automobile manufacturers dedicating themselves to possibly going all-electric within the next decade, advancements are set to take place in the motor vehicle industry. But in order to develop a more modernized transportation industry, there must be a sustainable promise for the payoff.
Galer, S. (2021, March 16). EVs Go Mainstream: How To Plug Into The Sustainable Energy Power Of E-Mobility. Retrieved March 25, 2021, from https://www.forbes.com/sites/sap/2021/03/16/evs-go-mainstream-how-to-plug-into-the-sustainable-energy-power-of-e-mobility/?sh=3b06e34a2c82