Dr Doron Myersdorf, CEO of StoreDot, assesses the challenges faced on the route to electric, shared, connected, and autonomous transportation, and explains why the future of mobility is underpinned by one thing – charging speed.
Shared mobility fleets, for example, thrive when their cars are fully utilized or have relatively little downtime. Given the current limitations of EV batteries – charging times and range – it’s no surprise only a small percentage of Uber, DiDi, Grab and Lyft fleets today are electric.
Ultra-fast charging battery technology is critical to EV adoption. But, without the necessary infrastructure to support it, progress will likely stagnate. Given the data we’ve already discussed, this could have significant consequences for the proliferation of shared mobility models.
Ultimately, to unlock the true potential of shared mobility models, it’s clear we need to overcome the cost and driver experience issues that prohibit effective and profitable EV use today. However, as the ecosystem and infrastructure required to enable ultra-fast charging continues to evolve at a rapid pace, we can expect the proliferation of shared mobility to grow with it.