World EV Day: 9th September 2020: ABB To Celebrate Electric Mobility!

world EV day

Electric Cars: The Basics

For those of you new to zero-emission electric driving, we recommend a read of the following articles:

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Though It Has Taken Nearly 200 Years To Celebrate World EV Day, We Are Thrilled That The Inaugural World EV Event Will Be Held In 2020! 

For those of you not familiar with the history of electric cars, the first EV was developed in the 1830s, by a Scotsman named Robert Anderson.  The end of the 19th century saw further development in electric vehicles, and in 1891, William Morrison, an American from Iowa, developed the Morrison Electric.  

Morrison Electric
The Morrison Electric

However, the past two decades has seen a revival of the development of EVs and electric driving, in particular, zero tailpipe emission battery-electric vehicles (BEVs). We have witnessed a significant increase in the momentum of the development of green cars.  Relatively new EV automotive manufacturers like Tesla Inc., are now a household name, and evoke an aspirational lifestyle.  Even traditional behemoths like the Volkswagen Group, have joined the EV race in full force. The Group has committed up to EUR 30 billion to their electrification strategy, with the launch of the ID. Family of electric vehicles.  In fact, in the Society of Motor Manufacturers and Traders (SMMT) May 2020 Best Sellers list, the Tesla Model 3 battery-electric vehicle took the top spot! 

smmt best sellers
Best Sellers: May 2020 (credit: SMMT)

The UK government has been leading the way for us to become an electric driving nation.  It has already proposed a ban of the sale of new internal combustion engine (ICE) vehicles, an integral part of its vision as articulated in the Road to Zero Strategy document.  There is an ongoing consultation to bring forward the ban to 2035, but could be potentially 2032.

The electrifying world of e-mobility is not just limited to passenger cars.  It embraces all forms of road transport, to include all-electric commercial vehicles, electric vans, electric taxis, electric bikes, electric motorcycles and electric scooters.  The diversity of e-mobility is simply staggering.  

BEVs or pure electric cars now command a 12% market share in the UK, a significant increase since early 2019 (1.1% market share). Other types of EVs, such as plug-in hybrid electric vehicles (PHEVs) command a sub 5% market share.  

The world of electric transportation is not limited to just road transportation.  The aviation and marine sectors have also witnessed significant milestones being achieved in regards to electric propulsion.  

Tesla Model 3
Tesla Model 3 (credit: Tesla)

It is therefore about time, that we celebrate World EV Day, to recognise not only all the past achievements, but more importantly, to recognise the exponential growth and future of electric transportation.  The initiative has been launched by ABB and Green.TV.  According to ABB, it will be day of global e-mobility appreciation. 

Frank Muehlon, Head of ABB’s global business for e-mobility Infrastructure Solutions, said: “This is a crucial time for transitioning to a new, electrified and sustainable model for mobility. As part of ABB Electrification’s Mission to Zero, we are at the forefront of making this transistion possible, and a global day which recognizes and celebrates worldwide the importance of e-mobility solutions is something that ABB is to be the lead partner on.”

Other founding partners include Mahindra Electric Mobility, Volta Trucks, Pivot Power, Liberty Charge, The AA and DPD.  This event is expected to become an annual celebration of the EV industry. 

world EV day

We at e-zoomed encourage the Prime Minister Boris Johnson to celebrate World EV Day by replacing his internal combustion engine (ICE) official car, with a zero tailpipe emission battery-electric vehicle!

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Ashvin Suri

Ashvin has been involved with the renewables, energy efficiency and infrastructure sectors since 2006. He is passionate about the transition to a low-carbon economy and electric transportation. Ashvin commenced his career in 1994, working with US investment banks in New York. Post his MBA from the London Business School (1996-1998), he continued to work in investment banking at Flemings (London) and JPMorgan (London). His roles included corporate finance advisory, M&A and capital raising. He has been involved across diverse industry sectors, to include engineering, aerospace, oil & gas, airports and automotive across Asia and Europe. In 2010, he co-founded a solar development platform, for large scale ground and roof solar projects to include, the UK, Italy, Germany and France. He has also advised on various renewable energy (wind and solar) utility scale projects working with global institutional investors and independent power producers (IPP’s) in the renewable energy sector. He has also advised in key international markets like India, to include advising large-scale industrial and automotive group in India. Ashvin has also advised Indian Energy, an IPP backed by Guggenheim (a US$ 165 billion fund). He has also advised a US$ 2 billion, Singapore based group. Ashvin has also worked in the real estate and infrastructure sector, to including working with the Matrix Group (a US$ 4 billion property group in the UK) to launch one of the first few institutional real estate funds for the Indian real estate market. The fund was successfully launched with significant institutional support from the UK/ European markets. He has also advised on water infrastructure, to include advising a Swedish clean technology company in the water sector. He has also been involved with a number of early stage ventures.

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