Why Are Companies Abandoning Electric Vehicle Plans?

Elon Musk’s electric car company Teslahas been pioneering electric vehicles for years. Later, giants that produced cars with both traditional internal combustion engines stepped into this field. First Chinese manufacturers While many new companies, including Togg, entered this market, Turkey also took its place in this market with Togg.

Increased sales over the past two years as a percentage of sales compared to ten years ago increasing tenfold Interest in electric cars, which reached 14%, tends to decrease according to the latest news. While Apple has completely given up on its own electric vehicle, some companies have chosen to stretch their transition schedules to fully electric. Of course, there are reasons for this remarkable and dramatic change.

Let’s talk about the visible reasons first:

With electric cars There are some major issues involved. The first of these is the high cost of battery production and the need to rely heavily on China for raw materials.

Other reasons include the fact that these vehicles are expensive, people do not trust these vehicles very much, and they are a bit like “Caravans are built on the road.” Acting with the logic, companies should be in a hurry to switch to electric vehicles and electrical infrastructures Whether they are sufficient for the transition to electric vehicles or not.

On the other hand, my reader friend, these are already everywhere company representatives and consumers the issues he raises. So this time we’re going to do something a little different, the question behind the question We will try to answer. Our topic will not be the transition to electric vehicles, but why the transition to electric and other alternative vehicles is difficult and why the systems are not established in the most optimal way.

Everything that involves money becomes political at some point.

Granola An endemic plant such as, worldwide “healthy breakfast/meal” When it became famous for its concept, granola resources became quite scarce, forests were destroyed for more agricultural land, and the local people, who used to eat granola under normal conditions, started selling granola and buying and eating other foods instead. It’s just one food and potatoes It’s not a food that changes the world like that. Now let’s consider something similar for batteries. Most raw materials come from China and logistics is one of the most important issues.

Another important point is that raw materials come directly from china. Historically, China and the West have been at opposite points in the global balance. They are competing in many areas, especially in technology. That’s why no one wants to surrender a critical area to a country that is their direct competitor. If electric cars needed a substance called zobilium and you were the biggest supplier of it, you could demand the privilege you wanted and give the price you wanted. Or more efficient batteries can be made with borafen, but no one wants to connect their hub to Turkey.

Manufacturers also think that the transition to electric is being rushed.

The main problem here is this: Really electric cars Is there no alternative? Automobile companies are hesitant not because they want to continue using internal combustion engines, but because they are not sure that electric cars are the only alternative. The investment announced for this year is over 82 billion dollars, according to statements from large companies.

Companies making such large investments are not sure that the only alternative is electricity. Electric cars and the infrastructure that will serve them have not yet been sufficiently tested. After incurring such huge costs, let’s say hydrogen fueled It turned out that cars work much more efficiently and cause less harm to the environment.

What to do in this situation? What will be the impact on companies of closing thousands of billions of dollars worth of facilities? Every company first wants to continue its existence, but needs facilities, raw materials, marketing, etc. If they cannot sell these vehicles after investing hundreds of billions of dollars They have to lock the doors of the companies. This is a point that makes them think.

Moreover, we do not live in a world where everything is shared equally.

Electric cars are really expensive vehicles. Prices of even cheap electric cars high to be, shows that we will not see electric cars everywhere unless some things change. People cannot buy such expensive vehicles in a significant part of the world. Either vehicle ownership or production methods will change. Otherwise, Africa, the Balkans and a significant part of Asia will continue to use gasoline vehicles.

Another problem is imbalance in infrastructure. We should not see everywhere as the same just because we would be in trouble if the internet was cut off today. Part of the world has no water. Some of them have no way. Some of them have just enough means to survive. In this case, companies do not have much chance of forcing people to use electric vehicles.

As a result of these dilemmas, there is a decrease in both the demand and supply of electric cars.

Electric car sales will not be as high as before, almost every company has noticed. Companies are adopting more protectionist policies. Layoffs and investment cuts have already begun in electric vehicle production. Mercedes, Renault Many companies such as have abandoned their plans to switch to fully electric and announced that they will continue to produce vehicles with internal combustion engines for a while.

So in essence, manufacturers are unsure whether electric cars are truly the car of the future, especially your near future. That’s why they avoid making investments that will directly strengthen their competitors. Moreover, neither cities nor people are yet in a position to fully adapt to these technologies. This will be the main reason for the stagnation we are expected to see in the electric car field in the near future, or at least the decline in growth figures.

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