{"id":17965,"date":"2021-09-10T13:52:00","date_gmt":"2021-09-10T03:52:00","guid":{"rendered":"https:\/\/www.originenergy.com.au\/blog\/?p=17965"},"modified":"2024-02-23T15:38:30","modified_gmt":"2024-02-23T05:38:30","slug":"will-all-cars-be-electric-by-2040","status":"publish","type":"post","link":"https:\/\/www.originenergy.com.au\/blog\/will-all-cars-be-electric-by-2040\/","title":{"rendered":"Will all cars be electric by&nbsp;2040?"},"content":{"rendered":"\n<p class=\"is-style-lead\">Whilst we don\u2019t have a crystal ball to gaze into, it\u2019s hard to imagine a future where electric cars don\u2019t become the norm. Origin\u2019s Head of e-mobility, Chau Le, sheds some light on whether we can expect petrol cars to go the way of the dinosaurs.<\/p>\n\n\n\n<p>Those shopping for a new car right now, and over the next few years, face a choice to go electric or stick with petrol.<\/p>\n\n\n\n<p>In numerous countries drivers have been buying electric vehicles (EVs) in droves. Take Norway for example where, as of June this year, <a href=\"https:\/\/cleantechnica.com\/2021\/07\/03\/norways-plugin-ev-share-hits-85-in-june-combustion-vehicles-falling-rapidly\/\" rel=\"nofollow noopener\" target=\"_blank\">85% of vehicles<\/a> registered were battery electric. Many markets are supported by EV-friendly government policy and infrastructure, as well as deadlines &#8211; after which the sale of petrol cars will be banned, (which is the case in the UK, France and Germany).<\/p>\n\n\n\n<p>In Australia however, EVs currently make up <a href=\"https:\/\/electricvehiclecouncil.com.au\/wp-content\/uploads\/2021\/08\/EVC-State-of-EVs-2021-3.pdf\" rel=\"nofollow noopener\" target=\"_blank\">just 0.78%<\/a> of new car sales.<\/p>\n\n\n\n<p>Despite the lack of supportive national EV policy in Australia, and the obvious issue of up-front expense, EVs still make good sense for many drivers. Their\u202fongoing costs\u202fafter purchase are up to <a href=\"https:\/\/www.carsguide.com.au\/ev\/advice\/do-electric-cars-actually-save-you-money-83060\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">70% less<\/a> than a petrol car, they can be charged at home (no more visits to the petrol station), and they\u2019re a whole lot of fun to drive.\u00a0<\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.originenergy.com.au\/blog\/origins-2021-future-energy-report\/\">Future Energy Report<\/a> reveals that if they were to buy a car tomorrow, 26% of respondents over the age of 55 would be at least slightly likely to choose an EV. But that figure climbs to a generous 62% of respondents between the ages of 18 \u2013 34, suggesting the younger generation are more likely to be early adopters.<\/p>\n\n\n\n<iframe loading=\"lazy\" src=\"https:\/\/omny.fm\/shows\/sowatt\/that-ev-smile\/embed\" width=\"100%\" height=\"180\" frameborder=\"0\" title=\"That EV Smile\"><\/iframe><figcaption><center><p>Tune into episode two of our So Watt? podcast as we delve  into all things EVs<\/figcaption><\/center><\/p><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">So, when we look a few decades into the future, towards 2040, should we expect to see any petrol cars on the road?<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Will EVs snuff out combustion?<\/h4>\n\n\n\n<p>\u201cEVs will be the norm in the future but how fast this happens depends on what we see in terms of policy over the next few years,\u201d says Chau Le, General Manager Strategy &amp; E-Mobility, Origin Energy.<\/p>\n\n\n\n<p>\u201cThis has improved over the last 12 months at the state level, but what we need from a policy perspective are financial incentives such as subsidies and tax exemptions to reduce that gap in the upfront cost between an EV and the equivalent petrol car.\u201d<\/p>\n\n\n\n<p>Policy doesn\u2019t just help drive affordability and infrastructure, it also signals to manufacturers around the globe that Australia\u2019s ready for their EVs, Le says. Compared to other countries, Australia has a significantly poorer availability of brands and models of EV. Greater choice brings greater competition, pushing prices down further.<\/p>\n\n\n\n<p>So, as soon as we see more supportive policy, Le says, we\u2019ll also see EVs taking greater market share. Without that policy, change will be far slower.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">What about hydrogen fuel cells?<\/h4>\n\n\n\n<p>Actually, Le says, the future of Australian motoring is likely a mix of EV and vehicles powered by hydrogen fuel cells.<\/p>\n\n\n\n<p>\u201cFor heavy-duty vehicles, such as trucks, ships and aircraft, the batteries they\u2019d require are too heavy,\u201d she says.<\/p>\n\n\n\n<p>\u201cThat\u2019s where hydrogen will play a role, in the heavy-duty vehicle segment. Small passenger vehicles will increasingly use batteries and will eventually remove petrol vehicles from the roads. The only question is when.\u201d<br><br>In terms of electric and hydrogen vehicles in Australia, it\u2019s a matter of when, not if. Experts say the magic ingredient that will help us begin to catch up with leading nations is government policy, which will support investment in charging infrastructure and reduce initial costs of purchase. When that occurs, the EV market will blossom.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.originenergy.com.au\/electric-vehicles\/\">Learn more about Origin 360 EV<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Origin\u2019s Head of e-mobility, Chau Le, sheds some light on whether we can expect petrol cars to go the way of the dinosaurs in favour of&nbsp;EVs.<\/p>\n","protected":false},"featured_media":18004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[104],"tags":[50,82,127],"oe_author":[],"class_list":["post-17965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-mobility","tag-electric-vehicles","tag-evs","tag-future-energy-report"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/posts\/17965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/comments?post=17965"}],"version-history":[{"count":0,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/posts\/17965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/media\/18004"}],"wp:attachment":[{"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/media?parent=17965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/categories?post=17965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/tags?post=17965"},{"taxonomy":"oe_author","embeddable":true,"href":"https:\/\/www.originenergy.com.au\/blog\/wp-json\/wp\/v2\/oe_author?post=17965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}