Our world’s transition to electric vehicles (EV) is rapidly accelerating among consumers and businesses, and across industries and geographies. This transition is driven by many factors which can be subsumed under three key drivers:
These changes, however, are accompanied by a relatively low understanding of all implications of this transition. For example, based on studies conducted by ETH Zurich, a rapid increase in consumer EVs in Germany would result in net negative impact on the environment due to reliance on coal burning plants to meet the expected increase in demand for electricity by households during the night.
Similarly, according to our analysis, TCO of EV trucks by some of the transportation companies would increase compared to diesel trucks. Consequently, ABB Ability™ is sponsoring studies to not only better understand the true impact of Electrification of Transportation, but to also actively develop and roll out solutions to lower the TCO and assure net positive impact on the environment.