ABSTRACT

With battery development a key component towards efficient renewable energy utilisation and with it the move away from fossil fuels, advancements will see a variety of diversified products being rapidly developed to meet the wide and contrasting range of commercial applications requiring varied performance and with tumbling price points. The age of electric storage will in particular offer inexpensive, decentralised, and rapid energy supply to urbanising populations in developing countries, and with that the opportunity to create new services and parallel income streams. Meanwhile, new electric mobility modes, including micro-vehicles, civic and fleet vehicles, transporters, and even aerial vehicles, emerging in the shared economy of developed cities will transform how people get around. From horse carriage to railway carriage to motor carriage, mobility revolutions have taken place unexpectedly rapidly in the past. Sharing economies and automation can accelerate the drive to car-free city centres and green, clean-air districts.