Whitepaper

Electric Vehicles are the Future and Here are the Basics

An electric vehicle (EV) is any vehicle that is powered by a battery, uses at least one electric traction motor for propulsion, and is charged by an external energy source. These vehicles are part of our everyday life and are not just limited to standard automobiles. Some examples include trains, forklifts, scooters, bikes, vans, buses, golf carts, garbage trucks, trailer trucks, boats, planes, drones, lawn mowers, cranes, tractors.

In this report, we will take a closer look at the following:

Electric Vehicle History

Primary Differences between EV and internal combustion engine (ICE) Systems

Electric Vehicle Costs

Main Components of an EV System

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Evolectric’s mission is to advance global electrification by enabling and providing products and services that unlock current and new electrification technologies to emerging markets and underserved segments.

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Rancho Dominguez, CA 90220

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Long Beach, CA 90805

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Bogotá, Colombia