Electric vehicles (EVs) are all the rage these days, with sales going up every year and ambitious goals set by both manufacturers and governments to phase out petrol cars from production in as little as 10 years.
The United Kingdom is planning to ban all petrol and diesel cars by 2030. Chinese-owned Volvo wants to go all-electric by 2030, while Jaguar — the more ambitious one — is intending to only offer battery-powered cars by 2025.
Although it seems that the EV revolution is really just around the corner, but it is not so simple.
In a dissenting voice, Toyota has toned down the optimism warning that before electric cars can make a meaningful dent in the market, much has to be done in terms of infrastructural investment and energy generation.
You can’t just replace millions of cars on the roads today without providing them means of recharging in a quick, reliable way — and you have to produce enough electricity to power them.
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