Exploring the challenges of electric vehicle adoption, including insufficient charging infrastructure and high costs. Norway leads the way with its aim for all new car sales to be electric by 2025, supported by incentives and policy changes. The podcast examines the global effort to phase out petrol and diesel cars, discusses Norway's success, and explores the importance of affordability and widespread charging infrastructure.
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Quick takeaways
The readiness of charging infrastructure and the affordability of electric cars remain significant challenges in the transition to electric vehicles.
Norway's success in electric vehicle adoption can be attributed to a combination of policies and incentives, suggesting that other countries can replicate their achievements.
Deep dives
Transition to Electric Vehicles: Infrastructure Challenges
The podcast episode discusses the challenges associated with the transition to electric vehicles (EVs) and the current state of charging infrastructure. The UK has set a deadline for banning new petrol and diesel cars by 2030, but there are concerns about the readiness of charging infrastructure. Some EV owners in the UK have reported difficulties in finding charging stations, with one person mentioning that they had to rely on a McDonald's for charging. However, experts argue that the charging infrastructure has improved over the years, and there are successful charging experiences every day. The episode also explores the efforts of Norway, where EV market share is at 83%, to accelerate the electrification of transportation through various policies and incentives. Other countries, including the UK, are expected to follow suit in the near future.
The Importance of Fast Charging Infrastructure
The podcast highlights the significance of fast charging infrastructure in enabling the widespread adoption of electric cars. The CEO of EKOG, a company focusing on growing charging points, emphasizes that fast chargers are crucial due to their ability to provide rapid charging speeds, reducing the time spent on charging. He asserts that fast charging infrastructure has evolved significantly, with charging speeds increasing from 20-30 kilowatts to 200 kilowatts. This development has made fast chargers more efficient and effective in meeting the needs of electric mobility. The discussion also touches on the importance of setting realistic deadlines for the sales ban of petrol and diesel cars, as well as the need for adequate charging infrastructure to ensure affordability and accessibility of electric vehicles for all consumers.
Norway's Success in Electric Vehicle Adoption
The podcast highlights Norway's leadership in electric vehicle adoption and explores the factors contributing to its success. With an 80% market share of new electric car sales, Norway has implemented a range of policies and incentives, including tax benefits, reduced road tolls, free municipal parking, and access to bus lanes for EVs. The head of the Norwegian EV Association attributes their accomplishment to a combination of factors, including high taxation on petrol and diesel cars, making electric vehicles a more affordable option. Despite the unique advantages of abundant hydroelectric power in Norway, experts believe that other countries can replicate their success by implementing similar policies, showing that the development of electric vehicle markets is achievable worldwide.
Countries around the world are racing to achieve targets on the ban of new petrol and diesel cars - but they are hitting stumbling blocks, meaning some are pulling back on their commitments.
Although global sales of electric cars are rising, some countries are struggling to persuade drivers to make the switch. Reasons given include insufficient or unsuitable charging points, and the price tag: criticism is often put to governments that the shift to electric cars is hardest for the least well off.
In this edition of Business Daily, Rick Kelsey looks at one country which is well ahead of the rest: Norway. The country's aim is that all new car sales in 2025 will be of electric vehicles - a plan being supported by financial incentives and policy changes.
He also speaks to business leaders in the car industry, including a man known as "the Godfather of EV", to find out what's needed if countries are to phase out internal combustion engines.
(Picture: An electric car being charged. Credit: PA/John Walton)
Presented and produced by Rick Kelsey
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