An electric vehicle (EV), also referred to as an electric drive vehicle, uses one or more electric motors or traction motors for propulsion. An electric vehicle is powered through a collector system by electricity from off vehicle sources, or may be self contained with a battery or generator to convert fuel to electricity.
China could lead the race to roll out electric vehicles and will deploy new transport technologies faster than the United States according to reports. Global economies have been pushing for use of electric vehicle technology in an attempt to reduce pollution and dependence on non-renewable energy.
The country is also making strides in building charging stations. The U.S. may have lots of slow charging stations scattered across the country, but China has 75 charge stations that can service vehicles in just 10 to 30 minutes. And when China says “charge station,” it doesn’t mean a spot for a single car to charge, a Chinese charge station contains 40 to 80 charge spots for individual vehicles.
According to the report China has so far focused on electrification of fleet vehicles likes buses and taxis. It says that for the next level of growth to happen, China will need to develop its infrastructure. As private cars will be fully involved eventually, integrated battery charging solutions need to be developed according to the reports.
Looking at the bright side even a $15 billion investment in EVs doesn’t mean that the Chinese public will start buying electric cars faster than U.S consumers. And in any case, the more EVs we have on roads , the better it is, provided that the EVs are powered by a grid that uses mostly renewables. The actual race is who can switch to large scale renewables and electric vehicles the fastest.