TL;DR
Joel Levin discusses trends in EV adoption and market evolution.
Key topics discussed:
· battery health, used EVs, and charging access.
· Emphasises policy, public education, and long-term cost savings.
· Highlights California’s role in driving EV progress via the ZEV mandate.
In this fascinating episode of the EV mini series hosted by Chris Sass and Niall Riddell, Joel Levin from Plug In America shares insights on the challenges and trends in the electric vehicle market. EV drivers are enthusiastic about their cars, but concerns remain about charging networks' reliability, especially for long-distance travel. Initially, higher-income, tech-savvy individuals were early adopters of EVs, but now the market is expanding to include a broader audience seeking reliable transportation. The used EV market is gaining traction, offering cost benefits over traditional petrol and diesel cars, particularly for second owners due to lower maintenance and fuel costs.
When considering buying a used EV, battery health is crucial, but evaluating it is simpler than assessing a traditional combustion engine vehicle. Companies like Recurrent aim to provide battery health evaluations for used EVs to enhance transparency and buyer confidence. The evolving EV market includes innovations like plug-in charging and diverse vehicle options, catering to different consumer preferences and driving habits.
Infrastructure challenges persist, especially for apartment dwellers without easy access to charging facilities. Solutions like curbside charging and workplace charging aim to address this issue, but broader innovation is needed to ensure convenient charging options for all EV owners. Plug In America focuses on policy advocacy, public awareness campaigns, and consumer education to promote EV adoption and support infrastructure development.
As the EV market grows rapidly, trucks and SUVs present challenges due to their high demand and larger battery requirements. Manufacturers are working on solutions to make larger EVs more accessible and profitable, with advancements in battery technology driving down costs and improving energy density. Despite the upfront cost barrier, focusing on total cost of ownership over the vehicle's lifespan reveals significant savings, making EVs a cost-effective and environmentally friendly choice in the long run.
Efforts to shift consumer perceptions from upfront costs to long-term savings and benefits are crucial to attracting the late majority of adopters to the EV market. Dealer education and promoting the lower monthly costs of owning an EV compared to petrol or diesel cars can help consumers see the financial advantages of switching to electric vehicles. The ongoing evolution of the EV market, including innovations in charging infrastructure and battery technology, will continue to drive widespread adoption and make electric mobility an accessible and sustainable choice for consumers worldwide.
Joel talked about the inspiration he drew from the movie "Who Killed the Electric Car" in relation to the history of environmental regulation in California. The state has been proactive in cleaning up the air since the 1950s due to increasing pollution levels. About 25 years ago, research showed that electric vehicles were a feasible alternative to gas-powered cars, leading to the introduction of the Zero Emission Vehicle (ZEV) mandate. Initially, manufacturers faced challenges in producing electric cars, leading to a setback for EVs. However, a movement emerged to save electric cars, influencing the state to reinforce the ZEV mandate, eventually leading to a significant increase in EV adoption. The documentary "Who Killed the Electric Car" sheds light on the rise, fall, and resurgence of electric vehicles. This movement played a crucial role in the establishment of Plug In America, an organisation that supports EV adoption. The discussion showcases the evolution of the EV landscape and the pivotal role California played in driving the shift towards sustainable transportation. The podcast concludes with Chris, Niall and Joel discussing the importance of collective efforts in promoting electric vehicles, from manufacturers to consumers, dealers, and regulators.