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The History of Electric Cars: Technological Progress, Market Trends, and Future Trends

Polimahanthi Sunil Krishna Sunil Krishna

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Paper Contents

Abstract

A dashing revolution of the motor age, fuelled by technology advancements, altering needs, and rising ecological awareness, is the evolution of electric vehicles. Electric vehicle development commenced with the initial stages of electric cars in the early 19th century. But the first few decades of the 20th century saw the market rule by ICE-based vehicles and mass-produced gas guzzlers. But even with this limitation, the second half of the century saw EVs picking up pace steadily with growing air pollution, global warming, and dwindling fossil fuels.The reasons for the re-emergence of electric vehicles are the technological progress in battery storage, i.e., the lithium-ion battery. These later ones have brought about revolution in electric vehicle driving ranges and recharging times, such that electric cars are now an economic choice compared to gasoline counterparts. Apart from these trends, policy shifts on the global level-oriented towards low carbon emission and promotion of low-carbon transport modes-also ensured mass demand for EV. Tax incentives, benefits, and strict emissions regulations are some of the largest government incentives that encompass economic incentives to manufacturers and consumers in the form of investing in electric mobility as wellThe evolution of electric vehicles, from where they then stood in the 1800s to where EVs now occupy space as part of the transport infrastructures of the majority of the world's countries, is the story this case study is all about. This case study tells us how enactment among government policies, battery technological advancements, and where charging stations are situated drive the trend of EVs today. Apart from this, studies also encompass rising trends of EV penetration globally and decomposing growth trends.The study also encompasses existing challenges for the EV industry, such as longer charging networks, greener battery manufacturing, and the economic impact of phasing out ICE and becoming electric in America, Europe, and China.Based on these facts regarding technology innovation, market forces, and policy implications, this case study will be presented with a different insight into how electric vehicles have evolved.This article refers to some of the most significant milestones in the evolution of EV as well as it promises electric mobility in the future; promise with as well as hitches involved. The article well illustrates how gigantic will be the role of EV in world efforts at mitigating climate change while trying to bring much cleaner, more efficient transport to centuries to come

Copyright

Copyright © 2025 Polimahanthi Sunil Krishna. This is an open access article distributed under the Creative Commons Attribution License.

Paper Details
Paper ID: IJPREMS50200023748
ISSN: 2321-9653
Publisher: ijprems
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