Will ICE have a horse and buggy moment? Can existing infrastructure support a large-scale adoption of EVs? Where does hydrogen fit into the equation? What will be the quintessential American car of the future?
If we had these answers, there would be no need for a discussion about the future of mobility and electrification — but this is a discussion worth having. The industry and nation at large is faced with a generational challenge of how mobility will be defined for the masses.
The change thus far for carmakers has been difficult. The average sale of an EV netted a $6,000 loss for a carmaker in 2024. Ratcheting up the pressure is 47% of car buyers are looking for EVs below the price of $40,000 while the average transaction price of an electric car is $61,000.
In the midst of these growing pains and challenges, however, the long game leans toward EVs. A Life Cycle Assessment of EVs showed they emit 37% less CO2 than ICE vehicles, with 100% of the aluminum and 98% of the lithium capable of being recycled from their batteries. Furthermore, EVs are 2.6 to 4.8 times more efficient at traveling a mile compared to a gasoline internal combustion engine and have half of the yearly fueling cost when comparing the cost of gas to that of electricity. Lastly, even when accounting for manufacturing, the EPA found greenhouse gas emissions from EVs are typically lower over its lifetime than gasoline-powered vehicles.
Join us as we take on these mobility trends with experts and stakeholders from academia, government, and industry.
Our experts will bring to light innovations that are being made, address the need for robust charging infrastructure as well as answer what role does clean and sustainable energy play in the future of mobility, and how can sustainable energy and EVs work better together.
We live in an exciting time in mobility and EVs. Let us support each other as industry partners through the electrification and mobility transition.
Read our latest Integr8 Playbook, "Wired for Change: Electrification and the Future of Mobility," in full here.
