Chevrolet Bolt In Toronto In February At The Canadian International Auto Show

Chevrolet Bolt In Toronto In February At The Canadian International Auto Show

“Set aside all the motivations with climate change, oil dependence—it’s just a better way to do a car. It’s simple,” says Google advisor, Lawrence Burns. Burns is General Motors' former corporate vice president for Research and Development.

Electric cars offer many advantages over internal combustion

2016 Chevrolet Volt battery

2016 Chevrolet Volt battery

  • Quiet
  • No emissions
  • Charge at home
  • Cheap maintenance
  • No oil changes
  • No exhaust sytems
  • No gasoline/diesel
Some would argue the disadvantages include lengthy charging times, limited range, and initial expense. While these are all true to a point, they are already being addressed and will soon be overcome.

Disadvantages of the ICE

  • Requires fuel
  • Regular maintenance
  • Operating expenses
  • Tailpipe emissions
Unlike the temporary disadvantages of EVs, the problems with the ICE can't be fixed over time. The only "fix" is to move forward to new technology.

Burns explains:

"Now I'm not suggesting you run out and invest all your money in an electric car company or a company that provides materials for electric cars, but I am saying that as we move forward, it will become increasingly clear that the major players in the auto industry that don't embrace electric vehicle technology will be on the losing end of history. So if you're looking to invest in a car company, you may want to steer clear of any that aren't actively building out their electric vehicle fleets. Because these, dear reader, will be the losers over the long-term."

Source: WD