Future Development Trend and Sustainability Analysis of Electric Vehicles

Abstract

Technology is the important driving force to improve the society. Due to the Industrial Revolution and World War II, the automobile industry develops rapidly and becoming increasingly popular and safe for daily transportation. However, due to concerns about environmental issues and fuel fossil shortage, the invention and promotion of electric vehicles gradually alleviated these issues. This paper aimed to explore the future development trend for electric vehicles. At the same time, it will analyze the issues and potential solutions for electric vehicles and the possibilities that gasoline vehicles might be replaced by electric vehicles by comparing both advantages and disadvantages of gasoline vehicles and electric vehicles. As the increase of development trend for electric vehicles, the sales volume continues increase. The reason why the sale volume keeps increasing is because of high gas price, governmental policies, and the increase awareness of environmental issues. This paper could help people to understand the reason why electric vehicles are more sustainable than gasoline vehicles.