Will Automotive Companies Stop Producing Gas-Powered Vehicles in the Near Future?
Gas-powered vehicles have a long and illustrious history. The internal combustion engine dates back to almost a century and a half. At the turn of this decade, the main question is whether gas-powered vehicles still have a future or not?
Climate Change and a Shift towards Cleaner Technology
Climate change has become a menace that grapples with our community at present. Scientists and environmentalist activists are pressing for reforms and cleaner technology solutions. One of the significant impetus amongst this initiative is to forego the combustion engines that emit greenhouse gases.
These gases not only pollute the environment but also contribute to global warming and, ultimately, climate change. The last decade or so has seen the meteoric rise of an electric-vehicle-producing manufacturer, Tesla. Its popularity speaks volumes of the changing trends amongst consumers and policymakers alike.
The Pros and Cons of Electric Vehicles
Electric vehicles have many distinct advantages over their gas-powered counterparts. Electric vehicles are cleaner, quieter, and cheaper in some instances. The only problem so far with electric vehicles is the long charge times, i.e., an average of 8-10 hours, that frequent travelers can ill-afford.
Moreover, there are way more gas-stations than there are electric vehicle charging stations. According to an estimate, only the United States has some 168,000 gas stations compared to just 2000 supercharger stations. This reduces the reach of electric vehicles.
The Appeal of Gas-Powered Vehicles
Gas-powered vehicles may be heading towards their slow demise, but they have a big fan-following. This fan-following makes it nearly impossible to suggest that they will become completely obsolete. However, it may become true in the future that the automobile companies that will stop producing gas-powered vehicles may shift towards building elective vehicles.
Automobile enthusiasts have always found electric vehicles to be bland in terms of their oomph factor. The impressive noise of the combustion engines alone makes for a great spectacle. Moreover, even half-century-old vehicles remain in circulation, suggesting it will take considerable time before gas-powered vehicles are overhauled by electric-powered automobiles. An example is the Ford Model T, which is at least 90+ years old.
What Measures can Make Gas-Powered Vehicles Obsolete
As discussed above, gas-powered vehicles are not going away anytime soon. However, a few policy initiatives and incentives could push automotive companies to stop producing gas-powered cars and opt for the cheaper and more incentivized manufacturing of electric vehicles. The result is a diverse range of EVs available, up to 98 in 2019, up from a meager two models in 1997.
These policy directives include tax concessions on electric vehicles and higher taxes and registration fees for gas-powered ones. Moreover, the gas-powered vehicles could be charged based on their emissions, which, if applied strictly, could result in owning a gas-powered vehicle, a costly affair.
Comparison of the two Competing Markets
When comparing the two manufacturing models, gas-powered vehicles are the obvious candidate that has a detrimental effect on nature, with the EVs emitting 43% lesser emissions than the gas-powered ones.
Electric-powered vehicles also have their flaws as batteries don’t come cheap and require precious earthly resources. However, electric vehicle technology will continue to improve and become more frugal and cleaner shortly.
Overview
The energy delivered to the new generation of automobiles is that of wireless electricity. It poses lesser climate risks and thus is the natural choice for consumers and manufacturers. However, the gas-powered vehicles have a fan following of their own. Even if they are phased out, it will take a few decades to remove all gas-powered vehicles.
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