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Over the very last couple of years we have seen massive investment by the likes of Volkswagen, Nissan, Tesla Motors, Ford, BMW and an array of other automobile companies around the world. They have literally invested hundreds of millions of dollars with many of this funding coming from the public purse within the shape of government loans from of the likes of the united states, UK, etc.<br><br>It appears that while the open public just isn't overly enamoured with the electric vehicle at this moment in time, automobile companies and governments all over the world are determined to make them work.<br><br>One issue which is mentioned time and time again is the fact that of electric charging stations, that are effectively the petrol stations of the electric vehicle market. It is okay having the top electric vehicle in the world, the most efficient engines and also the most environmentally friendly mode of transport, but in case you are not able to get from A to B because you will discover no filling stations then why bother?<br><br>The fact is that governments across the world, and additionally automobile companies, have finally realised the very fact that without electric charging stations there can be no electric vehicle market. Therefore we have also seen [https://cairns.nsta.edu.au/author/harrytsui renting a electric vehicle] substantial rise in financial incentives to individuals and businesses to install as well as manage electric charging stations as well as many governments and well recognized organisations are physically installing charging stations at many of their public venues.<br><br>The money which we see invested today in the electric vehicle marketplace is part of a raft of funding that was made available some time ago. This may well happen to be before experts were aware of the drastic worldwide economic crisis which occurred as a consequence of the us mortgage debacle back in 2008. Therefore it's not surprising to learn that individuals across the world, who are often struggling to meet their monthly obligations, are not overly keen to spend more money on electric vehicles, which are on the whole more expensive than their petrol/gasoline counterparts.<br><br>When the worldwide economy does finally begin to recover, which could possibly be any time over the next decade, we will see an uptake in the sales of electric vehicles. The 3 pronged approach of additional investment, improved technology and an array of new charging stations across the globe shall get an impact, much more so when the worldwide economy recovers.