Electric Car News Roundup – 49

electric car news

Coronavirus Lockdown Sees Air Pollution Plummet Across UK


Air pollution levels in the UK have dropped significantly in the two weeks since the country went into lockdown to stop the spread of coronavirus. Some cities have seen nitrogen dioxide (NO2) levels fall by up to 60% on the same period last year, analysis show.  NO2, released from car exhausts, is a serious air pollutant and also indirectly contributes to the warming of the planet.   

London air pollution
London: Air Pollution (credit: BBC)

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We at e-zoomed have been vocal about air pollution for quite sometime.  However, the ongoing Coronavirus predicament has certainly give us all a valuable insight into a world with lower levels of transportation congestion and lower air pollution.  

On cannot over exaggerate the invaluable lesson to be gained from the present.  We are not saying that all vehicular traffic needs to be banned, but we must as a society be more judicious in understanding the impact of pollution from all forms of transportation, to include internal combustion engine (ICE) petrol and diesel vehicles (passenger and commercial vehicles).  And in our view, it is just not about reducing or banning tailpipe emissions, we in fact suggest a more comprehensive approach, that will reduce personal car ownership, in particular, in city centres.  

In our view, we need to introduce legislation that will restrict the number of vehicles owned by a household, particularly in city centres.  We need to this boldly and execute a paradigm shift, not small iterations.  In our view, personal car ownership in major city centres in the UK should be reduced by 75% within 24 to 36 months.  Local authorities need to further improve public transportation, introduce mobility sharing schemes and also encourage city dwellers to use other forms of transportation, to include e-bikes and e-scooters. We agree with the comments in the above article.  We simply cannot go back to the status quo pre-coronavirus. That would be a tragic mistake for us, with severe negative implications for many generations.  We hope we evolve positively from the current crisis.


Lower Gasoline Prices Unlikely To Deter Potential Electric-Car Buyers 


The drop in oil prices to their lowest level in about two decades is unlikely to deter the small but growing number of consumers making the switch from gasoline to electric cars, analysts say, as tax benefits and the allure of zero-emission driving are expected to insulate demand.  The price of a tank of gas in the U.S. has fallen about 20%, compared with a month ago and 15% in the UK.   

petrol prices
Petrol Prices UK

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This is certainly an interesting assessment.  However, not surprising.  The reason: individuals and families are orphaning internal combustion engine (ICE) vehicles for green cars (battery-electric vehicles), is because they demand transportation solutions that are cleaner with a lower negative impact to the environment.  The primary motive for potential owners of electric cars is the attractive environmental credentials of zero-emission electric driving.  Even if the price of ‘gas’ continues to fall, in our view, it will not stop the fast emerging tide of consumers globally seeking lower emission to emission-free electric vehicles. 


Tesla Engineers Are Building Ventilators For Coronavirus Patients Out Of Car Parts – Take A Look 


A month ago, Tesla CEO Elon Musk expressed some skepticism about the severity of the coronavirus pandemic, but that hasn’t stopped Tesla engineers from working to address the shortage of much-needed ventilators in American hospitals facing an influx of COVID-19 cases.  

Tesla
Tesla

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The current predicament is unprecedented, but it is always uplifting to witness the potential for ‘good’ in people and companies, as they go beyond their traditional boundaries of operations for the greater good of society.  This is not the first time, Elon Musk, has offered to help in a precarious time.  We applaud him, for once again showing leadership beyond his responsibilities.  Of course, it is worth pointing out, that apart from Tesla Inc., a number of automotive manufacturers have stepped in at this crucial time to manufacture ventilators.  We at e-zoomed applaud them all!  


We at e-zoomed are more than happy to assist you buying your Next Green Car and with all your EV needs, to include:

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Author

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 the TVS Group, a multi-billion dollar 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 AMIH, 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 is also a member of the Forbury Investment Network advisory committee. He has also been involved with a number of early stage ventures.

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