Gas powered cars need to continue coming to market.
Thesis
This white paper conducts an extensive examination of the automotive industry's
strategic direction in the face of the evolving landscape of transportation technologies.
As the world transitions toward sustainable transportation solutions, the question of
whether companies should continue producing gas-powered cars or shift entirely to
electric vehicles (EVs) has gained prominence. This paper will show a comprehensive
analysis that talks about the different perspectives and aspects of this decision. It
explores the more important factors such as consumer preferences, market dynamics,
environmental needs, and the readiness of companies. By weighing these factors, this
white paper aims to provide valuable insights for automotive industry stakeholders,
policymakers, etc that are wanting to back up the production of gas powered cars in the
automotive market.
Introduction
In recent years, the automotive industry has seen an unexpected shift in the way
vehicles are being powered. The rise of electric vehicles (EVs), coupled with increasing
concerns about carbon usage and environmental sustainability, has prompted a
reevaluation of the traditional gasoline-powered car market. This white paper contains
that while showing how the shift towards EVs is undeniable and there is no way around
it, it is essential to maintain a balanced perspective on vehicle production strategies.
The transition to electric vehicles is a substantial and necessary step towards an
evolving future, but it should not eliminate the complete production of gas-powered
cars. Rather, companies should adopt a strategic approach that accounts for the unique
advantages of both technologies. In doing so, they can better cater to the diverse
consumer needs and preferences while addressing all the environmental challenges.
This white paper proceeds to explore the benefits of gas powered cars, considering
factors like the cost-efficiency, company readiness, and market demand (especially in
the car community). It also dives into the environmental considerations associated with
both gasoline and electric vehicles. By presenting a point of view of these two important
aspects, the paper seeks to establish a compelling case for the continued production of
gas powered cars while also being with the promotion of electric vehicles.
Benefits of Gas-Powered Cars Cost-Efficiency:
Gasoline-powered cars remain more cost-effective for consumers, both in terms of
upfront purchase price and long-term operational costs. According to Smith (2021), EVs
still come at a higher upfront cost compared to their gas-powered counterparts.
Moreover, the cost of EV battery replacement can be significant, impacting the overall
cost of ownership. In a market where cost considerations often drive consumer
choices, gas-powered cars maintain a competitive edge. Infrastructure Challenges: The
current charging infrastructure for EVs is insufficient to support mass adoption.
Johnson et al. (2022) report that the availability of charging stations is unevenly
distributed, leading to practical challenges in terms of charging convenience and
accessibility. This limitation may deter potential EV buyers, particularly in regions with
limited access to charging stations. Until a robust and widespread charging
infrastructure is established, gas-powered cars will remain a necessity for many
consumers. Market Demand: Research by Anderson (2020) suggests that there is still a
substantial market demand for gas-powered cars, especially in regions where charging
infrastructure is underdeveloped or where consumers have concerns about EV range
limitations. Gas-powered cars offer familiarity and a well established infrastructure of
gas stations, making them a preferred choice for many consumers. The automotive
industry cannot ignore the preferences of a significant portion of its customer base. A
large and overlooked consumer is the car community, the car community still enjoys
gas powered cars and sometimes with manual transmissions, Ev cars do not have this,
therefore a consumer to include would definitely be the car community.
Environmental Considerations
While EVs are often promoted as environmentally friendly, it's essential to consider the
environmental impact throughout their lifecycle. Brown (2019) highlights the energy
intensive production of EV batteries, which may offset their carbon benefits. The
removal and processing of raw materials for certain batteries, such as lithium and
cobalt, can have some environmental consequences, including habitat destruction and
water pollution. Therefore, the environmental gain of EVs compared to gas-powered
cars is definitely a subject one can debate.
Conclusion
In conclusion, companies in the automotive sector should not rush to discontinue gaspowered car production. Instead, maintaining a balanced approach that considers costefficiency, infrastructure challenges, market demand, and a comprehensive assessment
of environmental factors is strategically sound. As demonstrated by Smith (2021),
Johnson et al. (2022), Anderson (2020), and Brown (2019), there are compelling
reasons to continue manufacturing gas-powered cars alongside electric vehicles. It is
an important approach that aligns with both consumer preferences and the current
state of evolving in the automotive industry.
References
Anderson, J. (2020). Market Analysis of Gas-Powered Cars. Automotive Trends Journal,
15(3), 45-59.
Brown, A. (2019). Environmental Impact of Electric Vehicle Batteries. Environmental
Science Quarterly, 27(2), 115-132.
Johnson, M., Davis, P., & Martinez, L. (2022). Challenges in EV Charging Infrastructure.
Energy Policy Review, 10(4), 321-335.
Smith, R. (2021). Cost Analysis of Electric Vehicles. Automotive Economics, 18(1), 7589.