4 Major Advancements Electric Vehicles Will Make by 2020

If electric vehicles are ever going to overtake their gas counterparts, they need to be as good or better than them. Obviously, technological advancements need to be made, and thankfully, these advancements are just around the corner.

Electric Vehicle Advancements

In this writer’s eyes, these are some key areas EV manufacturers must improve upon to win over consumers:

  • Range
  • Price
  • Charge time
  • Vehicle choice

It’s fair to say that these factors could be real issues for some people. But, over the next three years or so, we will see major improvements in each of these areas.

Range

Most of the new EVs this year are aiming for a 200-mile range or more. This seems to be the new standard for EV range.

The majority of soon-to-be-released electric SUVs, however, sport a 310-mile range, meaning the standard looks set to rise.

Right now, a new battery concept is being developed. If successful, the battery should provide electric vehicles with a 621-mile range. The battery developers are aiming to conduct initial tests by 2020.

Price

Although prices are falling, a new EV still costs more than a comparable gas car. According to industry professionals, however, they won’t be for much longer.

Gilles Normand, head of electric vehicles at Renault, recently said their electric superminis will have a price parity with their gas counterparts by 2020.

Hopefully, all manufacturers will be able to achieve this in a similar timeframe, since tax credits for EVs won’t last forever.

Charge Time

We’re finally getting acceptable range from EVs but, without faster charging times, consumers won’t be satisfied. Many people will still find fault with a 300-mile range if the EV takes seven hours to charge.

The latest crop of electric vehicles has already made progress in this area. The Chevrolet Bolt, for example, can get 90-miles of range a 30-minute charge, if using a DC fast charger. But, this too, is an area on the cusp of a massive leap forward.

StoreDot, an Israeli firm, recently demonstrated their FlashBattery. A battery for electric vehicles that fully charges in five minutes and has a 300-mile range.

Electric Vehicle Choice

In 2016, 59.5% of all vehicles sold in the U.S. were light trucks, which include SUVs and crossovers. Yet this category is seriously underrepresented in the EV market. Your only real choices are the Tesla Model X or Kia Soul EV.

Over the next three years, however, this market is poised to fill out. At least four new electric SUVs will be on sale by 2020, bringing a lot more consumers to the market.

Are you waiting on improvements in a particular area before making the switch to electric vehicles? Let us know in the comments section.

By Robert Bacon
Updated: July 16, 2017