As electric vehicles (EVs) become more popular, 2024 is likely to be a turning point for technology progress in the field. As tech and automakers continue to push the limits of what is possible, EVs will become more fuel-efficient, cheaper, and better for the environment. This piece will talk about the most interesting tech trends that will affect electric cars in the future and what to expect in 2024.
The Revolution of Solid-State Batteries
With the rise of solid-state batteries, electric car technology is about to make a big step forward. Solid-state batteries are safer, more efficient, and hold more energy than regular lithium-ion batteries because they use solid materials. These batteries claim to charge faster, have a longer range, and last longer, all of which will make driving an EV a lot better. Solid-state battery electric vehicles (EVs) are expected to be made by a number of companies by 2024. It’s possible that this technology could help EVs get over their range worries and become more competitive with gas-powered cars. (See Toyota Global Newsroom for more)
Networks for very fast charging
Charging infrastructure has been a problem for EV usage for a long time. But starting in 2024, charging will be much faster and easier to find. Tesla, Ionity, and Electrify America are all putting a lot of money into rapid charging networks that can add 200 to 300 miles to a car’s range in just 10 to 15 minutes. These charging stations will be placed along roads in a way that makes driving long distances in an EV easier. People who want to buy an electric vehicle will worry less about range anxiety as charging times go down and networks grow. (See Tesla Supercharger for more)
EVs can be charged wirelessly
In 2024, wireless charging will become very popular. This will make charging for electric vehicles easier and more smooth. Wireless charging pads let cars charge without having to plug in a cord. All they have to do is park over a pad that is buried in the ground. This technology will be first used in cities and business fleets. Later, more people will be able to use it for personal reasons. Charging ports will last longer and be easier to use if EVs can be charged wirelessly. (See WiTricity for more)
New technology called Vehicle-to-Grid (V2G)
Another big trend for 2024 is vehicle-to-grid (V2G) technology. With this technology, electric cars can not only use energy from the grid, but also send electricity back to it. Basically, EVs can be used as portable power storage units that help keep the power supply stable during times of high demand. With V2G technology, EV owners may be able to sell their extra energy back to the grid, which could make them money and help keep the grid stable. Brands like Nissan and Ford are already looking into adding V2G features to their newest electric vehicles. (Source: Nissan Global)
Self-Driving EVs are becoming more popular
Self-driving technology keeps getting better, and by 2024, self-driving electric cars will be much better than they are now. With companies like Tesla, Waymo, and Cruise making self-driving systems that are smarter and smarter, we’re getting closer to a future where EVs can drive themselves with little help from people. While fully self-driving cars are still a few years away, driver-assistance systems (ADAS) that help with things like parking, changing lanes, and going on the highway will get better in 2024. With these new ideas, driving will be better, more efficient, and less stressful. Waymo is a source.
Better recycling and sustainability for batteries
As the number of electric cars on the road rises, so does the need for batteries that last longer. Recycling batteries is becoming an important part of the EV environment, and things will get better in this area in 2024. Redwood Materials and Li-Cycle are two of the companies that are leading the way in finding better ways to recycle old batteries and get back important materials like nickel, cobalt, and lithium. These projects hope to lessen the damage that EV batteries do to the environment, which will make electric cars a better choice in the long run. (See Redwood Materials for more)
Putting AI in electric vehicles
AI is becoming more and more important in the growth and performance of electric vehicles. You can look forward to more AI-powered features that make driving more enjoyable in 2024. EVs are getting AI algorithms that can analyze data in real time, find the best ways to use energy, and guess when repair is needed. AI will also help make self-driving systems safer and more reliable, which will make self-driving electric vehicles (EVs) a better choice for most people. Predictive maintenance powered by AI will also lower the cost of ownership by finding small problems before they get big. (See Tesla AI Day for more)
Better EV range and efficiency
Range is one of the main worries of people who want to buy an EV, but things will keep getting better in this area through 2024. New EVs should be able to go over 400 miles on a single charge, thanks to improvements in battery technology. EV makers are also working on making them lighter and more agile, which will make them even more efficient. Soon enough, range worry will be a thing of the past thanks to better batteries and more fuel-efficient cars. (Source: Lucid Motors)
Pickup trucks and commercial vehicles that run on electricity
Many companies have been focusing on electric cars, but 2024 will see a huge rise in electric pickup trucks and commercial vehicles. Ford, Rivian, Tesla, and GM are all going to make electric trucks that will have the same power and sturdiness as gas-powered trucks. More and more people in the business and utility sectors want environmentally friendly choices. These vehicles will meet that need. More and more delivery vans and trucks will be electric, especially as states push for stricter emissions rules. (Ford as an example)
Tax breaks and the adoption of electric vehicles
In 2024, government programs and incentives will still be very important in getting people to buy EVs. A lot of countries are giving tax breaks, rebates, and subsidies to people who buy electric cars. This makes EVs more cheap for people. Governments are also putting money into building charging stations and making emission standards stricter, which is pushing both consumers and automakers to switch to electric vehicles. The switch to electric cars will happen faster because of these rules, especially in places like the US, China, and the EU. (Source: The European Commission)
Conclusion
It looks like electric cars will have a brighter future than ever. 2024 will be a big year for the business. EVs are becoming more popular thanks to innovations like solid-state batteries, ultrafast charging, and AI integration. They are also becoming more handy and environmentally friendly thanks to V2G and wireless charging technology. Electric vehicles (EVs) have a bright future ahead of them as long as governments and automakers keep putting money into developing EVs. (According to McKinsey & Company)
