Should all automakers stop making gas powered cars? | The Tylt
From now on Volvo will only be designing electric and hybrid cars. The automaker is the first major car company to announce it's making the switch from gas to electric. Some people are celebrating the move because it's inevitable that electric cars are the future. Others think gas powered cars will stick around for a long time. Gas cars continually improve in efficiency, the infrastructure is already in place and most importantly, it's profitable. What do you think? 🚗 🌩
Should all automakers stop making gas powered cars?
Skeptics say electric won't be the future of cars, at least not for a while. The biggest problem is that internal combustion engines are actually pretty good. A huge chunk of the global economy is tied to the production of cars. That means a huge chunk of the economy is tied to the production of internal combustion engines that run the cars. Experts say it's more likely that automakers will continue to find ways to improve internal combustion engines, like we've been seeing, because there are no real alternatives.
Electric cars are dropping in price, but not at the rate necessary for the world to make the switch. Automakers must make a profit and electric cars just don't do that. Tesla, as cool as it is, burns hundreds of millions of dollars a year. It's valued more than Ford or GM, but it's not actually turning a profit. Skeptics say making money the key to replacing gas guzzlers but they're doubtful electric cars will catch up any time soon.
Others argue all automakers should be following in Volvo's steps. Everyone in the world needs to reduce their carbon footprint in order to delay and stop climate change. That's not up for debate. Clinging to old technologies like internal combustion engines only makes this harder.
Transportation takes up roughly 29% of all energy used in the U.S. Most of that energy is derived from petroleum. So if the United States, or any country, wants to cut down on its CO2 emissions, the first place to start is with transportation. Tougher regulations on car emissions will make internal combustion engines more and more expensive. The problem with internal combustion engines is that they exist, not that they're inefficient. The world simply can't run on petroleum anymore.
By committing to electric like Volvo, automakers will be positioning themselves for the future. Everyone said Tesla would fail in its attempt to create demand for electric cars. Now it's about to bring a truly mass-market electric vehicle to market. If automakers don't act soon, Tesla and other companies like it will own the future.