12-09-2024

Last week at the Verslo Žinios Transport and Logistics Forum, we engaged in a lively panel discussion with thought-provoking questions from Arunas Bertasius. The conversation covered various topics from managing freight tariffs and client demands to the increasingly heated debate around electric vehicles (EVs).

Will the EV revival stick this time?

History has shown that EVs have experienced cycles of boom and bust. In the late 19th century, electric vehicles dominated the market until innovations in gasoline-powered internal combustion engines (ICEs), cheaper fuel, and the lack of infrastructure caused EVs to lose their foothold.

Fast forward to today—the stakes are higher than ever. Developing affordable batteries with larger capacity and accelerating infrastructure growth are key challenges. While some see EVs as the undeniable future, the big question remains: When will they fully take over?

It was a pleasure to share insights and ideas on this fascinating topic alongside Artūras Ščerbakovas, Mindaugas Jurčiukonis, Justas Baltrusis-Baltrusaitis, and, of course, Tomas Jaskelevicius, one of the BACC founding members.

Let’s keep the conversation going—what do you think needs to happen to ensure EVs truly become the future of mobility?