On a global level, the potential for renewable energy is more than sufficient, writes researcher Schalk Cloete. However, on a regional level, this is not the case, especially in developing Asia and Africa. Renewable energy technology forcing in these regions can have serious socio-economic consequences. … [Read more...]
Can battery electrics disrupt the internal combustion engine? Part 2: “kind-of”
Battery electric cars do not meet the basic criteria for disruptive innovation, Schalk Cloete argued in part 1 of this two-part series. Small electric vehicles (SEVs), on the other hand, do have disruptive potential, he writes. Our urbanizing world with its rapidly expanding middle class and increasing resource constraints will reinforce this trend. Thus, he concludes, internal combustion engine (ICE) vehicles may lose substantial market share to … [Read more...]
Can battery electrics disrupt the internal combustion engine? Part 1: “No”
Battery electric vehicles (BEVs) will do well to take more than 10% of global light duty vehicle market share by mid-century, writes research scientist Schalk Cloete. This is because BEVs with the large battery pack needed for broad consumer acceptance will remain more expensive than internal combustion engine (ICE) cars. According to Cloete, this price premium is unlikely to be accepted by the mass market even under optimistic future BEV … [Read more...]
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