Tesla CEO Elon Musk Says Electric Cars Will Double Global Electricity Demand

"It will take another 20 years for cars to be fully electric,” Musk said.

Share on Facebook Tweet Snapchat Share Reddit Comment
Tesla CEO Elon Musk Says Electric Cars Will Double Global Electricity Demand

Tesla has been surveying customers in Germany about potentially using Tesla electricity in their cars

Highlights
  • Tesla plans to build its fourth gigafactory in Europe's largest economy
  • Tesla has acquired licence to trade electricity across western Europe
  • "The best wind turbines are made in Germany," Musk said

Tesla Chief Executive Elon Musk said on Tuesday that electricity consumption will double if the world's car fleets are electrified, increasing the need to expand nuclear, solar, geothermal and wind energy generating sources.

Increasing the availability of sustainable energy is a major challenge as cars move from combustion engines to battery-driven electric motors, a shift which will take two decades, Musk said in a talk hosted by Berlin-based publisher Axel Springer.

"It will take another 20 years for cars to be fully electric. It is like with phones, you cannot replace them all at once," Musk said in a talk streamed on the Bild.de web site, adding that around 5 percent of vehicles are replaced every year.

Once electric cars become the norm, electricity from intermittent generating energy sources such as wind and solar will need to be stored, probably through battery technology, he said.

"Together with large battery packs, both things need to be combined, wind power with battery packs and solar energy," Musk said.

Tesla is embarking on plans to build its fourth gigafactory in Europe's largest economy.

"The best wind turbines are made in Germany," he said.

"I always have a good time when I am here. I like the engineering culture. People want to get things done."

Tesla has recently acquired a licence to trade electricity across western Europe, and the company has also been surveying customers in Germany about potentially using Tesla electricity in their cars.

© Thomson Reuters 2020


iPhone 12 Pro Series Is Amazing, but Why Is It So Expensive in India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.

Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Google Maps Brings ‘Community Feed’ in Explore Tab for Nearby Recommendations on Android, iOS

Related Stories

 
 

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2021. All rights reserved.
Listen to the latest songs, only on JioSaavn.com