Electric cars will double global electricity demand, claims Tesla CEO Elon Musk

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.

Tesla CEO Elon Musk speaks onstage during a delivery event for Tesla China-made Model 3 cars. (File Photo) (REUTERS)
Tesla CEO Elon Musk speaks onstage during a delivery event for Tesla China-made Model 3 cars. (File Photo)

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% 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.

Also Read : Tesla CEO Elon Musk says 1000-km-range electric truck possible

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.

First Published Date: 02 Dec 2020, 09:03 AM IST
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
70% OFF
VENO Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable (2 in 1 Vacuum Cleaner)
Rs. 899 Rs. 2,999
Godrej aer O – Hanging Car Air Freshener | Car Accessories | Cool Aqua (7.5g)
Rs. 99
SHAYONAM Dent Removal Kit - Powerful Car Dent Repair Kit - Suction Cup Dent Puller Handle Lifter and Dent Repair Puller for Car Body Dent, Glass, Tiles and Mirror (Plastic)
Rs. 349
Godrej aer O – Hanging Car Air Freshener | Car Accessories | Musk After Smoke (7.5g)
Rs. 99

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.