The electric-vehicle market has plenty of problems, from wiring up condos for charging stations to rapidly changing technology.
The rise of electric vehicles has many moving parts, and we don’t necessarily mean the ones found beneath the body panels.
Acquiring minerals will largely govern the rate at which automakers can build EVs to sell. Put simply, no minerals, no EVs. Brian Kingston of the Canadian Vehicle Manufacturers Association, which lobbies for the Detroit Three in Canada, thinks it’s imperative. And what if hydrogen becomes the dominant form of power? Then there’s no plug needed. Hydrogen is a long-term play, but there will be many breakthroughs in battery-electric technology to reduce charging times and increase range. We’re already seeing that with solid-state batteries, which are much more energy dense and faster charging than current lithium ion technology.
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