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8/16/13

European Auto Industry: Kick-starting Europe's electric vehicle industry

Electric vehicles (e-vehicles, or EVs) are set to play a key role in the future of urban mobility, reducing pollution, decreasing dependence on fossil fuels and saving drivers money. Although e-vehicles make up only a tiny fraction of the European car fleet at present, sales are expected to grow exponentially over the coming years, thanks, in no small measure, to advances in e-vehicle technology being made by EU-funded researchers.

Fully electric vehicle technologies that optimise safety, energy consumption and kinetic energy recovery are also major contributors to on-going improvements in the performance of hybrid vehicles.

Across the European Union transport accounts for more than 70\;% of total oil consumption, the vast majority of which is imported from abroad. With more than one million additional cars going onto Europe's roads every 50 days, fuel consumption, congestion and pollution will only continue to increase if the internal combustion engine remains the main source of automotive power. Hence, the EU, national governments and private companies are spending billions on supporting the development of e-vehicles.

'Rather than offering forms of mobility based on ever-increasing energy prices, the industry is now faced with satisfying a rational demand for mobility: clean, safe and low-energy-consumption vehicles, requiring less energy to be produced, and using recyclable and eventually self-disposable materials,' says Dr Pietro Perlo, the CEO of Interactive Fully Electrical Vehicles (IFEVS), an Italian SME dedicated to e-vehicle development.

Read more: Kick-starting Europe's electric vehicle industry

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