Tuesday , 19 June 2018
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Why Elon Musk says 50% of all cars will be electric by 2027

It’s time to hit the reset button on the gas engine. As you may already know, the electric car is now much more viable than it was 10 years ago—there are charging stations in every major city scattered everywhere, particularly at hotels and along major highways. One glance at just the Tesla supercharger network of 900 stations proves that point.

Yet, to reach the point where more than half of all new cars are fully electric by 2027—as Elon Musk predicted recently—there needs to be a massive undertaking that only the enterprise can understand. It is not a consumer endeavor but one that must be backed by IT, similar to an ERP roll-out or a massive Windows deployment.

Here’s why. While the act of driving is a consumer activity—you buy an electronic vehicle (EV) and drive off into the sunset, hoping to make it home on the current charge level—the “back-end” is all about efficient delivery of power. Today, the network of gas stations is highly fragmented, incredibly random, sporadically priced and woefully inefficient. Yet, EV drivers need predictability. The range for a 2017 Bolt EV is around 238 miles today; the range of the Bolt with a gas engine is about double that. But, importantly, there is no range anxiety for a gas-powered car. Gas stations are everywhere.

Launching anything new on a comprehensive level requires more strategy and planning—and that’s where IT can shine. Using even basic algorithms, IT can map out a network of charging stations that is incredibly robust and logical. It can look at the actual range of currently owned vehicles and forecast what the needs will be for charging based on buying habits. It can examine the power grid and loads across the entire U.S. population and determine what will be required to reach that 50 percent of all new cars prediction. IT can also play a major role in determining peak usage (the best charge times) and even help with forecasting based on battery innovations.

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