For almost 150 years, we have been using gasoline as the fuel for transportation. That’s also how we have been generating most of electricity. So a question arose in my mind: are the EVs more efficient than gas vehicles, or does Elon Musk just wants to get richer?

Here’s what I Found

Electric Vehicles are indeed much more efficient than ICE (Internal Combustion Engine) aka gas vehicles. An EV consumes, on average, 18kWh per 100 kms. In contrast, a gas vehicle consumes 6–7 liters of petrol per 100kms. To put it simply, the energy by one gasoline vehicle is enough to power around 3 EVs for the same distance!

Energy Demands of the Future

As humanity progresses, the energy demands are ever-increasing, so we need more and more efficient ways to keep up. One way is to just electrify everything possible which is where we are headed tbh right now.

But generating electricity by burning fuel sounds counter-productive, doesn’t it? Currently 60 percent of electricity is being generated by burning fossil fuels and we know those are limited.

What’s Next

Electricity generated through nuclear power plants seems promising, with little to no harm to the environment. It contributes to 15-19 percent of electricity generation right now, and in my opinion, is the fastest way to fulfill growing energy demands. Renewable Sources contribute the rest at around 25 percent but scaling them is a big task and will gradually be our go-to source of energy — if they haven’t already.

Now you know where money is going to be made in the future! So don’t be late to benefit from the energy transitions both financially and sustainably.