electric-vehicle

Vocabulary Word

Definition

An 'electric vehicle' (often abbreviated as EV) uses electric motors powered by rechargeable batteries instead of internal combustion engines using fossil fuels.

Examples in Different Contexts

From a business perspective, companies may invest in electric vehicles for their fleets to reduce fuel costs and demonstrate their commitment to sustainability.

Practice Scenarios

Innovation

Scenario:

Recent advancements in battery technology can drive the next wave of electric vehicles. We need to be on top of these developments to stay ahead in the game.

Response:

Definitely, we should keep investing in R&D to keep up with the latest advancements, especially for electric vehicle battery technology.

Business

Scenario:

We're contemplating introducing an entry-level electric vehicle to tap into the burgeoning EV market. We're looking for innovative ways to keep costs low while maintaining quality.

Response:

Creating partnerships with local emission-free power plants could help reduce the total cost of ownership for our electric vehicles.