Electrical vehicles are vehicles that are powered using electricity, also referred to as EVs. There are two types of EVs, battery-powered EVs or plug-in hybrids. Battery-powered EVs operate using rechargeable batteries and do not burn fossil fuels. Plug-in hybrid vehicles use a combination of diesel or petrol and electric power. EVs are slowly gaining popularity, but when will they become our ‘main type of vehicle.’ We partnered with Round Trip Tyres to find out.
Electric vehicles are gradually becoming more popular and this is because there are plenty of benefits to owning one.
Statista recently reported that ‘Hybrid and plug-in electric vehicles are tipped to account for over 10 percent of car registrations in the United Kingdom in 2020.’ Though the market is growing, there’s still a long way to go before EVs become more popular than petrol or diesel cars. Despite this, several organisations and research studies have made the following predictions:
As we can see from the data, there’s some debate about exactly when EV cars will outsell regular vehicles. The most optimistic predictions suggest that we could see EV sales take the lead by the year 2025!
Electrical vehicles have plenty of benefits, so why aren’t we seeing faster progress in the EV market? The fact is there are several challenges to overcome, including:
Many of the world’s biggest automotive dealers have announced their plans for EVs. Toyota has stated that they aim to generate half of their sales from EVs by 2025.
According to Business Insider, ‘Volkswagen said it will spend more than $30 billion developing EVs by 2023.’ Other big brands with ambitious EV plans include Ford, General Motors, and Volvo.
As technology develops further, we can expect improvements to EVs, ensuring that they are more convenient and more affordable for the average driver. One thing is for sure the EV market has a promising future.
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