Earlier this month, Tesla’s always-eccentric head, Elon Musk, announced some major upgrades to the company’s signature electric car, the Model S. In front of a packed crowd of journalists, engineers, and electric car enthusiasts, Musk announced two new groundbreaking upgrades: all-wheel drive and semi-autonomous driving. While neither of these features are new concepts, they are newly integrated on a production model electric car. It represents a big step in making the car competitive against similar cars in the fuel-driven market, and opened the door for further exploration into the feasibility of a driverless car.
If there are two things that electric car enthusiasts would like you to believe, they are 1) that electric cars will eventually overtake fuel-based cars as the future of the industry, and 2) it’s completely economically feasible to drive a fully electric car today. While they may not be wrong on either point, it’s going to take a lot more than good press to convince most American drivers to make the switch. But it’s not impossible when you look at the data, and measure the infrastructure. The end of fuel dependency is close, hypothetically speaking; it just needs the right infrastructure behind it.
It’s all about the numbers
To date, there have been roughly 60,000 all-electric cars, or “EV’s” sold in the United States in 2014. While this number can surely be viewed as a mere pittance or even negligible given the eight million plus vehicles sold over the same period, it’s not. It’s demonstrative of a shift in thinking, and economic understanding. It represents a 35% increase over last year that included record sales months in both May and June of this year. But is the thinking paradigm shift big enough to sustain? Critics will say no, but supporters will vehemently tell you otherwise. And they have the numbers to back it up.
Want proof? The Chinese have already committed to a $16.3 billion investment plan to help develop a reliable infrastructure for electric vehicles, and are aggressively working on implementing it on existing roads. Also, Tesla’s CEO Elon Musk, has committed roughly $6 billion in investments in a state-of-the-art Giga Battery plant, which will mass-produce EV batteries for consumer use, and make delivery of EV vehicles easy, cost-efficient, and widespread.
Tesla offers its Model S at around $80,000, which if you believe Tesla, is not that bad of a ticket price. The reason why is that they claim to be able to save you around $10,000 a year in fuel costs, government subsidies, and time spent at the pump, although this is hard to quantify. In the next three years, nearly 70 of new all-electric models will be introduced and sales of are projected to reach nearly 4 million worldwide in 2020. But imagine what those numbers could be if not for the two major failings in the industry: consumer range concerns, and the lack of a standard for charging.
Charging made easy with a new network of stations
An electric car is only viable if you have a good network of places where you can charge it. Filling stations are everywhere, making your driving range on a fuel-based car virtually limitless. So how, and more importantly, when will we see the same for electric powered vehicles? The answer is that it may be sooner than you think. One company, based out of Scottsdale, Arizona, is working on establishing a nationwide network of electric charging equipment, to be implemented into the same network of stations you use to fill your car with gas.
The company is called GOe3, and if they have their way, they “will be the first coast-to-coast EV charging station infrastructure in the United States.” It’s a bold claim, but they are sticking to it, and have the initiative to see through with their implementable service plans. The goal is to build a network of integrated charging stations, using gas stations that already exist, and installing their chargers. The big advantage of these chargers, however, is that they cover the three types of chargeable engines currently on the market.
The GOe3 is revolutionary in the sense that it’s pushing the boundaries of renewable energy charging stations with both innovative technology, and affordable consumer pricing. Recently, the company has announced that they are working on integrating their chargers to accommodate new battery technology that is projected to extend the range of EVs to 300 miles plus. This will be a real game changer in the EV field, and only furthers the feasibility of these types of vehicles becoming the norm on US highways.
Another unique feature in GOe3’s business model is a media/marketing machine that creates 25 revenue streams that are synergistic, but not dependent on the EV market surrounding the charging station deployment.
Where can we find the GOe3 network?
The GOe3 chargers can already be found in Arizona, and the test market data has been phenomenal so far. Imagine, a fully autonomous charger that can be installed, and maintained alongside existing fueling pumps. As a fueling station owner or operator, you can install these GOe3 charging units without disrupting your current business model. In fact, by being on the network of EV charging stations, it’s almost a given that your traffic, and revenues will increase.
GOe3 plans to expand their network by providing charging stations every 50-75 miles on the nation’s interstates. If successful, this will eliminate range issues with differently branded electric cars, and provide a new source of revenue for small business owners in, or around the station. The average time someone spends at the charger is around the same as it is at the pump, although some charges may take longer due to the make and model of the vehicle. This means more foot traffic, and more sales at local station shops. It’s also attractive because it ads a new group of clientele that will exclusively fill up at that station.
To learn more about GOe3, their plans for the future, and their investment opportunities, check out their company profile. You can also check them out on their website. Also, feel free to contact us today, to learn more about how we can help you get involved, and by part of the future of renewable energy delivery in the United States.