The adoption cycle of tech is effectively explained using the EV market slowing adoption as a great example https://lnkd.in/gHJ3G5HR
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The actual vs. predicted growth of EV’s is much analyzed and debated. EV adoption is not like historical consumer technology models, in addition to supply and pricing concerns there are extensive infrastructure dependencies. Like many large infrastructure related endeavors – what’s predicted to happen in 3 years takes longer and what’s predicted to happen in 10+ years comes sooner. EV adoption growth will be led by technology advancements, cost reductions and investment in the charging infrastructure. #EV #evcharginginfrastructure #evecosystem #evadoption #electrification https://lnkd.in/ejZfKcBz?
How EVs became such a massive disappointment
finance.yahoo.com
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Why has US EV adoption been so low, especially since Tesla is a homegrown success story? Although there are many consumer preference hurdles that need to be overcome, we also see a chicken-and-egg problem between the auto and the energy sectors playing out that will need to be addressed before we see robust growth in EV adoption seen in other markets. Read the full article: https://lnkd.in/ehP26RFq #evadoption #electricvehicle #US
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One of the ways the auto industry is working to encourage EV adoption is by consolidating charger technology so that it's easier to find a place to top off your battery. TE's Qiong Sun speaks to NPR about this important trend. Listen Here: http://spr.ly/6042s8JbM
Why major automakers embrace Tesla's previously proprietary charging tech
npr.org
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The EV market is so splintered
How Tesla's NACS plug won over automakers
autonews.com
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It's a good time to drive #electric! ⚡️ ️ The U.S. is witnessing a boom in long-range #EVs, with options capable of over 300 miles per charge significantly increasing, setting a new standard in #emobility. This surge reflects advancements in battery technology and the expansion of high-speed charging networks, addressing key consumer concerns like range anxiety. With the average range of EVs reaching a record 294 miles in 2023, the move towards sustainable transportation is accelerating. https://lnkd.in/ecyivRBs #EVTransition
The Long-Range EV Boom Has Arrived
bloomberg.com
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Great article. This may accelerate adoption with increased pressure to produce more affordable EV and hybrids.
Why the U.S. auto industry is freaking out about China's electric cars
axios.com
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🚀 In the complex world of electric vehicles (EVs), it’s crucial to choose a charging solution that keeps pace with market needs and technological advancements. While recent reports highlight a significant workforce reduction at Tesla and a slowdown in their vehicle deliveries, it's an opportune moment to consider reliable alternatives that ensure continuity and innovation. 🔌 Enter Loop Chargers – your steadfast partner in EV charging technology. Unlike other providers currently facing operational scale-backs, Loop Chargers is committed to consistent improvement and robust customer support. We understand that the stability of your charging infrastructure partner is as crucial as the technology itself. 💡 Why settle when you can opt for a charger that evolves with your needs? Choose Loop Chargers for unmatched reliability and forward-thinking technology that powers your journey, every day. #EVcharging #SustainableTech #FutureDriven #LoopChargers Loop Global
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Contrary to the myth that EV batteries don’t last long, real-world examples demonstrate impressive longevity. A Tesla Model X has driven over 640,000 km, with its original battery lasting 507,000 km. Similarly, an Australian Tesla Model S had its battery replaced after 666,666 km. Studies show only 4% of EV batteries need replacement after ten years, and costs are expected to drop 40% by 2030, easing concerns about expenses. By partnering with local governments, we ensure efficient and minimally impactful installation, promoting sustainable transportation. That’s why to combat range anxiety and support EV adoption, we're expanding our EV charging network with EVX Polechargers, placed where people live, work, and play. Read the latest blog via the link: https://lnkd.in/gmxeKBBG #evx #evcharging #evxpolecharger #rangeanxiety
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Electric Vehicles on the Rise: at what point are we in the technology adoption lifecycle? The #ElectricVehicle (EV) market is booming, but with gas prices soaring, some wonder if now's the right time to switch. This is a great #foodforthought for anyone considering the transition to electric. Here's the thing: #Innovation rarely waits for the "perfect" moment. Consumers can actually shape the market through their choices. By opting for EVs, you're not just getting a new car, you're contributing to: ▶️ Reduced reliance on fossil fuels: This benefits the environment and potentially stabilizes gas prices in the long run. ▶️ Advancements in EV technology: As demand increases, so will innovation and efficiency in the EV market. ▶️ A more sustainable future: Transportation is a major contributor to emissions. Every EV on the road is a step towards a cleaner future. What to do? Research! explore the growing variety of EVs available and consider factors like #range, #charging options, and #government #incentives. There might be the perfect fit for you, even in today's market. Imagine a future where charging your car is as simple as plugging in your phone. Imagine cleaner air and a more stable energy landscape. By choosing electric, you're not just buying a car, you're investing in that future. #electricvehicles #innovation #consumershapemarkets https://lnkd.in/dr2xGKpz
Why Has the EV Market Stalled?
hbr.org
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