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Climate change

The inevitable EV: 10 Breakthrough Technologies 2023

Electric vehicles have been available for decades. Now they’ve finally become mainstream.

January 9, 2023
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Nick Little

WHO

BYD, Hyundai, Tesla, Volkswagen

WHEN

Now

Electric vehicles are transforming the auto industry.

While sales have slowly ticked up for years, they’re now soaring. The emissions-free cars and trucks will likely account for 13% of all new auto sales globally in 2022, up from 4% just two years earlier, according to the International Energy Agency. They’re on track to make up about 30% of those sales by the end of this decade.

A mix of forces has propelled the vehicles from a niche choice to a mainstream option. 

Governments have enacted policies compelling automakers to retool and incentivizing consumers to make the switch. Notably, California and New York will require all new cars, trucks, and SUVs to be zero-emissions by 2035, and the EU had nearly finalized a similar rule at press time. 

Auto companies, in turn, are setting up supply chains, building manufacturing capacity, and releasing more models with better performance, across price points and product types. 

The Hongguang Mini, a tiny car that starts a little below $5,000, has become the best-selling electric vehicle in the world, reinforcing China’s dominance as the largest manufacturer of EVs.

A growing line-up of two- and three-wheelers from Hero Electric, Ather, and other companies helped EV sales triple in India over the last year (though the total number is still only around 430,000). And models ranging in size and price from the Chevy Bolt to the Ford F-150 Lightning are bringing more Americans into the electric fold.

There are still big challenges ahead. Most of the vehicles must become cheaper. Charging options need to be more convenient. Clean electricity generation will have to increase dramatically to accommodate the surge in vehicle charging. And it will be a massive undertaking to make enough batteries. But it’s now clear that the heyday of the gas-guzzler is dimming.

Deep Dive

Climate change

This geothermal startup showed its wells can be used like a giant underground battery

If Fervo Energy’s field results work at commercial scale, it could become cheaper and easier to green the grid.

Yes, we have enough materials to power the world with renewable energy

We won’t run out of key ingredients for climate action, but mining comes with social and environmental ramifications.

Meet the new batteries unlocking cheaper electric vehicles

A planned factory marks a major milestone in the US for new batteries that enable lower-cost, longer-lasting EVs.

Researchers launched a solar geoengineering test flight in the UK last fall

The experiment, largely designed to test equipment, took place despite deep concerns about the technology.

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Illustration by Rose Wong

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