AI Self-Driving Cars and Electrical Vehicles (EVs): Necessary Partners Or Optional Teammates
Dr. Lance Eliot, AI Insider
[Ed. Note: For reader’s interested in Dr. Eliot’s ongoing business analyses about the advent of self-driving cars, see his online Forbes column: https://forbes.com/sites/lanceeliot/]
Electrical Vehicles (EVs) are talked about, they are praised, they get a lot of attention, and in some parts of the United States there is a near obsession with them (hint: California).
In spite of all the hype and press, the reality is that there are only around 1.1 million such cars in the U.S. and it represents a small fraction of the 250+ million cars in the country. That’s less than one-half of one percent of the total cars in circulation.
When I say this at various industry presentations, those with an EV are quick to yell at me as a traitor and get upset at my seemingly naysayer commentary.
Allow me to clarify that I am fully supportive of EVs and hope that a lot more will get sold. I’m a big cheerleader for EVs. All I’m trying to point out is that we have a long way to go before they become prevalent.
In terms of EVs, I am lumping together all variations in this herein discussion, for convenience’s sake. Generally, there are Plug-in EV’s (PEVs), consisting of Battery EV (BEVs) that are equipped to only run on batteries, and there are the Hybrid EVs (abbreviated as either HEVs or PHEVs), which use both a gas powered internal combustion engine and battery power.
Why have EV’s?
One argument in favor of EV is that they are less polluting than conventional gas-powered cars. Thus, ecologically, the EV is better for the environment. We can all breathe a bit easier.
Another argument is that the adoption of EV’s might aid in reducing the pace of climate change. That’s one that gets a lot of people in a tizzy since there are some that believe in climate change and some that do not.
Here’s a less controversial point, EV’s would reduce the dependence on oil and the production of gasoline.
This would seem like a handy move since there are various predictions about how costly it is coming to become to get oil and…