More car makers are getting more serious about going electric or hybrid with their cars. They all acknowledge that the trend is pointing towards electric or hybrid. to be honest battery technology isn't quite ready to match the demands of a car to enable it to have a sufficiently long driving range while keeping the cost affordable. Even with the new upcoming Tesla model 3 the expected range is only 300km so that the car can be made more affordable. it is acceptable if the car is driven purely in the city and not between cities that are further than 300km! this puts a strain on the owner who has to buy a second fossil fuel powered car that can have a driving range of over 500km and can be quickly refuelled.
Porsche recently openly talked about their upcoming electric sports sedan claiming that it can have a better driving range than the Tesla P90 while having a ultra fast charging system. This is all talk at the moment since the car is not out yet. it is expected to be released 2 years later and who know what Tesla may be up to with their development. From what i can see Porsche is drumming up their car but without a physical unit on the road it is just gossip for the moment. The Porsche engineer who made a statement that the Tesla is a just a gimmick may have to swallow what he said because Tesla's development is moving at a rapid pace and if Porsche cannot introduce their car soon enough they will be the ones who will be laughed at.
Several countries have already planned to ban fossil fuel cars by a certain date putting more pressure on car companies to develop electric cars. Going green is the way of the future and this is not good for companies which do not have any development for hybrid or electric cars. Those car makers who are proactive will be developing their electric car technology now.
In the future the motor shows will be filled with electric cars. Even sports car makers cannot avoid developing electric cars. their market will shrink if they only focus on fossil fuel powered cars. The next big thing in automotive industry will be the development of a special battery that can be much lighter, more powerful, faster charging, less discharging, more durable and more compact than the ones now. if this new battery can be developed, the company manufacturing it will be incredibly rich. Battery technology will be the key to this business.
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