Electric car companies tesla
have brought a great revolution in the world of auto mobile. After their
announcement of tesla electric car, CEO Elon Musk's electric cars are being
bought in great numbers and the demand for them is increasing daily. Other car
companies are also shifting there new model to an electric version with a cut
in cost of oil. Oil demand is decreasing as Compared to few years ago.
Decreasing in oil demand may bring a danger sign for middle east and other oil
supplier countries. Filling up petrol is 80% more cost than recharging electric
cars. Cost of petrol vs recharge electric car
depend on country situation.
That difference between petrol and electric cost force people to shift on electric cars.
Famous brand in automobile industry announced there new car model as electric
version. It may bring a big change in
oil industry lead by middle east economy. As middle easy most countries economy depends on oil export. It
estimate that in 2025 demand of 2 million barrels of oil a day may be eliminate due to electric
vehicle. Which may start countries to not depend on oil export countries
But
there is a big problems in electric cars
is electric cars batters life span is short and need to replace battery
after some times which start a great business for battery productive companies
but it can be solve with nuclear batteries which can last long for many years.
Car need at least 1 and
half to 2 hours time for complete charge
and some even some need 5 hours or more to change fully which is a great
problem for people who are waiting for there turn. That is why 41% of American
against to buy electric cars .
Most of consumers do not want Electric Cars because they think they will not be able to charge them when they are away from
a charging station.
One of great benefit is people are worried about the environment and
electric car can save environment but still it have some impact on environment
.
By looking on these problem some of people avoid electric car which
saves oil export countries oil business
but all countries who are oil export or depend on oil export business
are need to worried about future oil valuation .
In end buying an electric car is better decision for day to day usage.
