Many automakers are eagerly embracing electric car technology in their upcoming model lineups. They’re spending billions of dollars to make the switch and help meet the Biden administration's 2030 EV goals.
It turns out the learning curve for traditional automakers is more difficult than they first thought. Industry giants are scrambling to develop the best and most efficient
Why electric vehicles are the future of transportation
President Joe Biden made it clear. America will join in the robust global effort to curb greenhouse gases. His bold plan to make half of our new vehicles electric by 2030 was met with both praise and criticism. As the world ramps up efforts to combat climate change, automakers seem ready to rise to the occasion.
Fossil fuel-powered cars contribute 30% of the carbon emitted into the atmosphere, according to the
. Electric vehicles offer a viable solution that will allow Americans to stay on the road.
The popularity of EVs is growing among consumers as governments and automakers rush to reach a zero-emission future. But this major transition is no easy task. Costly mistakes and unexpected EV issues are proving to be more common than anticipated.
Several automakers have experienced battery charging issues, especially with hybrid models. Software and battery system problems are causing cars to lose power while driving.
The COVID-19 pandemic has caused supply chain problems and a global shortage of semiconductor chips. As a result, vehicle production has been slowed.
The chip shortage has had a major impact on car prices and inventory for all types of vehicles, whether they’re gas-powered or electric. Tesla is rewriting some of its software to support alternative vehicle chips.
recently recalled 2017-2019 Chevrolet Bolt models for the second time. The recall was prompted by reports of battery cell fires, and cost the company an estimated $800 million.
Battery-pack fires were also cited as the reason for a major recall of the Hyundai Kona EV. The company stated that the recall would cost them around $900 million. Hyundai, along with battery-maker LG, decided to replace the batteries rather than try to solve software issues.
Last year, Ford's European branch had to recall over 20,000 of its Kuga plug-in hybrids because of overheating batteries. The automaker spent $400 million to resolve the problem. Porsche just recalled the
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Jane Lu is excited about writing and digital media. She has published blog posts for SAP’s Digitalist Magazine with a focus on emerging technology and trends. When she’s not writing about car insurance or upcoming vehicles, you can find her drawing on a graphics tablet or trying to find new places with good french fries.