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Tesla CEO Says Electric Cars Will Double Global Electricity Demand

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FRANKFURT: Tesla Chief Executive Elon Musk mentioned on Tuesday that electrical energy consumption will double if the world’s automotive fleets are electrified, growing the necessity to broaden nuclear, photo voltaic, geothermal and wind vitality producing sources.

Increasing the supply of sustainable vitality is a serious problem as vehicles transfer from combustion engines to battery-driven electrical motors, a shift which is able to take twenty years, Musk mentioned in a chat hosted by Berlin-based writer 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 mentioned in a chat streamed on the Bild.de website online, including that round 5% of automobiles are changed yearly.

Once electrical vehicles turn into the norm, electrical energy from intermittent producing vitality sources equivalent to wind and photo voltaic will have to be saved, most likely by means of battery expertise, he mentioned.

“Together with large battery packs, both things need to be combined, wind power with battery packs and solar energy,” Musk mentioned.

Tesla is embarking on plans to construct its fourth gigafactory in Europe’s largest financial system.

“The best wind turbines are made in Germany,” he mentioned.

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

Tesla has lately acquired a licence to commerce electrical energy throughout western Europe, and the corporate has additionally been surveying clients in Germany about probably utilizing Tesla electrical energy of their vehicles.

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