The inevitable electric car: 10 disruptive technologies in 2023

The combination of forces has turned cars from a niche into a mass option.

Governments have adopted policies forcing automakers to retrofit their equipment and incentivizing consumers to switch. Notably, California and New York will require all new cars, trucks and SUVs to be zero-emissions by 2035, and the EU has nearly completed a similar rule as of press time.

Automotive companies, in turn, are improving supply chains, increasing production capacity and producing more models with better performance in different price categories and product types.

The Hongguang Mini, a tiny car costing just under $5,000, has become the world’s best-selling electric car, solidifying China’s dominance as the world’s largest electric vehicle manufacturer.

A growing lineup of two- and three-wheelers from Hero Electric, Ather and others has helped triple EV sales in India over the past year (although the total is still just around 430,000). And models of different sizes and prices from Chevy Bolt to Ford F-150 Lightning are attracting more Americans to electric vehicles.

There are more challenges ahead. Most vehicles should become cheaper. Charging options should be more convenient. Green electricity generation will need to increase dramatically to cope with the spike in vehicle charging. And it will be a big deal to make enough batteries. But it is now clear that the heyday of the gas-guzzlers is waning.

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