The end of gasoline and diesel cars 1

The end of gasoline and diesel cars 1

The trend of developing vehicles using clean fuel, especially electric cars, pushes traditional car manufacturers into a situation where they are forced to gradually change.

On the evening of July 28, the commercial version of Tesla Model 3 was officially launched to the public at the factory in Freemont, California, USA.

Tesla CEO Elon Musk spoke at the launch event of the Model 3 electric car in the US.

`Model 3 is more than a regular car.`

Model 3 can be considered one of the typical examples, symbolizing a new breeze in the auto industry.

New but not completely, because before Tesla, names like Renault, Nissan, Toyota and many other luxury car companies all had preparations with products using clean materials.

The current situation is no longer simply a matter of who comes first, or how much to invest in each company’s development strategy.

`We cannot continue with cars using gasoline or diesel fuel. There is no other way but to approach new technology,` Michael Gove, British environment minister, said on Thursday, July 27 regarding the issue.

The land of mist is the latest European country after a number of countries such as France, Germany, the Netherlands, and Norway to set a goal of stopping selling cars running on traditional fuel in the near future.

According to statistics from the International Energy Agency IEA, there are currently about 10 countries in the world that have put electric vehicles in their sights with measures to promote people using green cars such as tax exemptions, reductions, and financial support.

Norway, the happiest country in the world, shows great determination with the goal that all cars under 7 seats or passenger vans sold in this country will have 0% emissions, starting from 2025.

The end of gasoline and diesel cars

A resident is charging a Toyota three-wheeled car model on a Norwegian street.

`There is a consensus on the goal of no new cars using fossil fuels sold in Norway from 2025,` the Washington Post quoted Vidar Helgesen, Norwegian Minister of Environment and Climate.

In addition to the goal of improving air quality, the prospect of fossil fuels gradually running out, the reason countries make policy decisions also comes from car company scandals.

Diesel cars accounted for the largest number of impacts, causing the German giant to pay an $18 billion fine to US authorities and billions more in recalls.

Europe is a market with the world’s leading high emission standards.

Volvo, the Swedish car company currently part of the Geely Group (China), announced that it will stop producing internal combustion engine vehicles, leaving only electric and hybrid vehicles in its product portfolio from 2019. BMW sets a target of half a million electric vehicles.

Asian car company Honda wants two-thirds of sales to be electric and hybrid vehicles before 2030. The Renault-Nissan alliance shows the ambition of the leader with the largest electric vehicle market share in Europe and in the following years.

The above examples are some of the overall picture, where car manufacturers are making moves to access optimal hybrid and electric vehicle production technology.

The end of gasoline and diesel cars

Lack of electric charging systems and policies that do not encourage the development of clean fuel vehicles are obstacles that make it difficult to popularize electric vehicles in Vietnam.

The story of Tesla removing the obstacles of electric cars to reach the mass market is a bright spot.

Not all, but for many Americans today, owning a high-priced electric car instead of a traditional fuel-powered car is something worth considering.

The development of science, technology and competition between car manufacturers contributes to reducing the cost of producing batteries for electric vehicles.

The end of gasoline and diesel cars

The chart predicts that sales of new electric cars (black) surpassing cars using traditional fuel (blue) could happen by 2038. Photo: Bloomberg.

Commenting on the future boom of electric vehicles, Colin McKerracher, analyst at BNEF said: `There is an element of competitive dynamics and oversupply of the lithium battery manufacturing market –

Tesla is in the process of building the world’s largest battery power storage plant, the Gigafactory, in Nevada, USA.

Bloomberg said China, a country that currently accounts for about 55% of global lithium-ion battery production, is also planning to add factories to create a strong position for the battle for new energy in the future.

`Beijing sees lithium-ion batteries as an important industry in the 2020s and beyond,` McKerracher commented.

To completely eliminate vehicles using internal combustion engines takes a long time.

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