Why is it worth investing in electric automotive sector?

Without doubt it is worth investing in alternative energy sources and ways of its usage. In no longer than 40 years that crude oil as a fossil fuel will be depleted. However, before reserves of fuel will totally deplete, they will systematically become more expensive, due to the fact that exploration and mining costs of the diminishing resources will be on the increase.

The growing costs will be also connected with the necessity to purchase CO2 emission allowances. Poland, by joining the community of the European Union, agreed to reduce over time the amount of the carbon dioxide emitted to the atmosphere. Currently, discussions are being held within the European Union concerning policy of further reduction of CO2 emissions. It is expected that future arrangements will be more and more restrictive. According to analyses of the Energy Market Agency (Agencji Rynku Energii), as a result of the above mentioned processes, until the year 2030 the wholesale prices for electricity are supposed to rise relentlessly. These conditions will be favourable for the development of renewable energy sources and also vehicles using electricity.

Such cars do not emit fumes which are harmful for our health, and because they do not use crude oil at all, they decrease the risk of a climate catastrophe. Moreover, combustion engines have very low efficiency of power conversion to kinetic energy of movement and they generate a harmful noise. The primary condition appears to be generating electric energy from renewable sources. That is why the development of green and dispersed energy is so significant. Today, there are 1.3 bln of cars in the world; while in 2030 there will be about 1.8 bln of them. Side effects associated with exploitation of combustion engines could not withstand neither people, nor the natural environment.

This allows us to draw conclusions that an electric drive should replace a combustion one. As the only technology implemented on the large scale, which guarantees to remain environmental friendly and not to reduce the comfort of the society. It will help us to maintain energy independence, especially crucial in polish conditions and substantially decrease the emission of carbon dioxide and other harmful substances.

The existing distribution network of electricity may be used as a perfectly developed and easily accessible infrastructure of providing vehicles with energy, available almost for everybody. An electric drive is on average four time more energy-efficient than a combustion one and provides the driver with an exceptional user-friendly dynamics. Manufacturing, servicing and exploitation of an electric drive are much cheaper. It eliminates dangerous concentration of exhaust gases and harmful noise from the cities. Thanks to this, the billions of zlotys that are presently spent on crude oil, will stay in our country.