The world is on the cusp of a major shift in vehicle technology. The shift away from gasoline and toward electricity is happening faster than anyone predicted and will dominate the global market within 10 years. This is good news for car buyers, who are increasingly being driven out of the showroom by low-cost electric vehicles that have lower maintenance costs and less environmental impact.
Electric vehicle sales are expected to dominate the global market within 10 years.
Electric cars are expected to dominate the global vehicle sales market within 10 years.
The reason for this is simple: electric cars are cheaper than their gas counterparts and they cost less to maintain, they’re better for the environment and they help stimulate local economies.
Electric car owners can save up to $5,000 per year on fuel costs alone–that’s a lot of money! The average household spends about $3,000 per year on gas for their car or truck according to AAA (American Automobile Association). If your typical commute is 15 miles each way every day then you’ll save about $3900 over 5 years just by switching over from gasoline powered vehicles like SUVs or trucks into an EV (electric vehicle). That adds up fast!
The shift from gasoline to electricity is likely to happen faster than anticipated.
The shift from gasoline to electricity is likely to happen faster than anticipated. The reason for this is that the benefits of electric vehicles are becoming more widely understood, and as a result more people are starting to purchase them. This has been accelerated by government subsidies in many countries around the world that provide financial incentives for consumers who purchase an EV.
For example, France offers an incentive worth up to 10% of the price tag on an EV if you outfit your home …Electric Car Market to Dominate Global Vehicle Sales Read More