Global Demand For Electric Vehicles Doubling Every Year

Global Demand For Electric Vehicles Doubling Every Year

Electric vehicles are becoming more and more popular, and it’s no secret why. They’re cheaper to own than conventional cars, they reduce your carbon footprint and they’re fun to drive. In fact, according to forecasts by the International Energy Agency (IEA), global electric vehicle sales are expected to more than double each year between 2020 and 2022. That means that by the end of 2022, there will be approximately 12 million electric vehicles on the road around the globe. China is expected to lead the way in EV adoption, with the number of EVs sold there doubling every year between 2020 and 2022 — due largely in part because of factors such as rising fuel costs, increasing environmental awareness and a desire for new technology.”

Global demand for electric vehicles is growing at an astonishing rate.

Global demand for electric vehicles is growing at an astonishing rate. The number of …

Global Demand For Electric Vehicles Doubling Every Year Read More
Electric Car Market to Dominate Global Vehicle Sales

Electric Car Market to Dominate Global Vehicle Sales

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 …

Electric Car Market to Dominate Global Vehicle Sales Read More