ELECTRIC VEHICLE charging raises cost questions
Everyone knows the consequences of fossil-fuel consumption and the next-generation mobility that waits around the corner , but when will it become feasible ?
There are currently many questions surrounding electric vehicle ( EV ) adoption , which are shaping the opinions of consumers and providing answers that could change the way they perceive the shift to all-electric vehicles . Infrastructure isn ’ t yet ready to support the switch to electric vehicles – with many of them yet to meet the convenience needs of consumers – and the price of infrastructure must be aligned with the adoption of EVs to ensure that , as a whole , it is cost effective .
To break even on charging infrastructure requires consumption by owners of EVs ; the rate of EV uptake is determined by the infrastructure in place to charge conveniently – it ’ s an on-going dilemma of both cost and convenience .
� CATHAY PACIFIC Following a hit from the coronavirus pandemic , Cathay Pacific ’ s sustainability report shows it ’ s on the up in terms of waste management and reducing emissions from aviation .
� MASTERCARD The payments provider is incentivising its workforce to drive corporate sustainability by linking ESG to all employee bonuses across the board .
� VOLKSWAGEN The automotive giant was accused by a farmer in Germany of killing his crops , with him stating that he feels the company is ‘ partly responsible ’ for global warming .
� EV INDUSTRY Concerns arise around the development of EVs due to potential shortage of lithium resources for future battery production
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