Volvo chief executive signifies government-backed charging infrastructure for electric cars

Hakan Samuelsson signifies government-backed charging infrastructure
Electric car at charging place, Source: Web

On Tuesday, Volvo Cars’ chief executive said plug-in hybrids as a well-known idea, but that concept is looking for governmental support to develop charging infrastructure.

PHEVs or plug-in hybrid cars are those vehicles that carry an internal combustion engine and battery powered electrically designed motors. While interviewing to ‘Squawk Box Europe’ of CNBC, Hakan Samuelsson, the CEO, referred to the cars as a bridge technology.

Volvo Cars, as a firm, has said that the company requires nearly fifty percent of the vehicles it sells to be thoroughly electric cars by the year 2025 and others sold as a hybrid. Moreover, on the incentive of modern energy cars requiring government inducements to drive sales, Hakan Samuelsson described that he thought that long-term, they need to have sustainable ideas that can be sold on their own merits.

Volvo chief executive signifies government-backed charging infrastructure for electric cars
Charging point for electric vehicles,
Source: Web

Governmental help would be much cooperative

He added that, but of course, in the initial transition years government’s help for electric vehicles would be very cooperative and even more helpful would help to create a charging network.

However, range anxiety, a concept that electric cars could not undertake long-distance journeys without losing power, which acted as the potential barriers to electric vehicle approval. Besides this, better charging network is a strong key point to fight against that perception.

When we see charging mechanisms, then we observe bit by bit changes. In recent month, McDonald’s, the United Kingdom, said that it was preparing to set up quick charging points for electric cars at a modern drive-thru restaurant in the nation.

McDonald’s, the leading fast-food giant, is joining with the company known as InstaVolt, which focusses on the technology. Furthermore, the charging network will even be presented to current drive-thru restaurants where possible, with the technology transformed to modern drive-thru restaurants as standards.

Across the world, governments are trying to incentivize the acceptance of electric cars. Norway often mentioned as a model for less emission vehicles; the NEVA (Norwegian Electric Vehicle Association) describes that electric cars don’t have to pay yearly road tax on purchases. The company says that these ideas are in place until the end of 2021, when authorities will have revisions to them.

Most of the governments are even developing attempts to upgrade charging infrastructure. The United Kingdom government, in January, said that it would increase the funding for the setting up of charge points on residential areas to 12.72 million dollars. Moreover, the government told that the money which will be for the setting up process in 2021, could grow up to another 3,600 charging points all across the country.

LEAVE A REPLY

Please enter your comment!
Please enter your name here