Electric Vehicles and Their Impact on the Economy

The basic hypothesis of the diploma thesis is that electric cars contribute more to economic recovery than cars powered by fuel. This was investigated and presented through a ** SWOT** analysis. The author analysed how the covid-19 pandemic and the Russian-Ukrainian war affected the procurement of materials for the production of electric vehicles and how this consequently affected their sales.

Problem

The basic hypothesis of the diploma thesis is that electric cars contribute more to economic recovery than cars powered by fuel. This was investigated and presented through a ** SWOT** analysis. The author presented his opinion on electric cars and their future in the diploma thesis.

He investigated whether the European Union is prepared for the abolition of sales of cars with fuel engines and how this will contribute to economic recovery.

Solution and Method

He analysed how the covid-19 pandemic and the Russian-Ukrainian war affected the procurement of materials for the production of electric vehicles and how this consequently affected their sales. With the help of surveys, he collected and analysed data to determine whether the purchase of a type of car depends on gender. He presented how companies prepared for another unpredictable event, such as war or a virus.

Most large car companies, due to the shortage of external parts, began to produce many more parts themselves so that they are no longer so dependent on cooperation with other companies. The author also described the beginning of the company Tesla and which models they currently sell in the diploma thesis. As we all know, Tesla is one of the main companies when it comes to electric vehicles.

Their plan is also to expand the sale of vehicles and solar cells throughout the world, if possible. Interest in purchasing electric vehicles increased significantly when the company Tesla presented its first electric vehicle that achieved the performance of fuel-powered vehicles. During the covid-19 pandemic, the entire automotive industry had problems with the procurement of chips, as almost all car companies ordered chips from the same manufacturer.

However, it had to stop production during the outbreak of the covid-19 pandemic, consequently there was a great shortage of chips, not only in the automotive industry, but also in the production of electronic devices such as phones, consoles, computers. In the diploma thesis, through the study of literature, they learnt how long the chip shortage should last. They conducted a SWOT analysis in which they compared electric vehicles with fuel-powered vehicles.

They also studied what was the main reason for the shortage of vehicle stocks during the covid-19 pandemic and during the Russian-Ukrainian war. In the diploma thesis, they also carried out a comparison of electric vehicle sales in Slovenia and in other European Union countries.