EVs are the future of personal transportation. In fact, sales of electric vehicles (EVs) have grown at a compound annual growth rate (CAGR) of 30 percent since 2010, with global EV sales expected to reach 30 million units in 2030 from 2 million in 2017. Even though EVs currently make up a small portion of global auto sales—only about 1%—their market share is expected to grow significantly over the next decade as governments around the world crack down on carbon emissions and more automakers set their sights on electrifying their fleets. In this article, we’ll explore some of these projections and discuss how they might affect you.
Global electric vehicle (EV) sales are projected to reach 30 million units in 2030, up from 2 million in 2017.
Global electric vehicle (EV) sales are projected to reach 30 million units in 2030, up from 2 million in 2017. China is projected to account for almost half of all global EV sales by 2030 and California will be responsible for nearly half of all U.S. plug-in electric vehicle sales through 2035.
In the U.S., EVs will represent about 30 percent of new vehicles sold in 2030.
In the U.S., EVs will represent about 30 percent of new vehicles sold in 2030. That’s a major increase from today, but it’s still just a fraction of all cars on the road. The growth rate is expected to slow down as battery prices decline and demand drops off (we’ll get into why in a minute).
But even if EVs make up only 25 percent of sales by 2025, that would mean millions more electric cars hitting US roads each year–and that’s enough for significant changes at every level of personal transportation: from individual consumers who choose to buy an EV instead of another type of vehicle; through local governments trying find ways to accommodate thousands more people without adding traffic or pollution; all the way up through international trade agreements between countries trying not just sell each other products like cars but also agree upon standards for how those products should work together within society at large
China is projected to account for almost half of all global EV sales by 2030.
China is projected to account for almost half of all global EV sales by 2030. The country’s government has set an ambitious target of 100% of new car sales being electric by 2030, and it’s providing subsidies for EV purchases as well as requiring manufacturers to produce more electric vehicles (EVs) than their internal combustion engine counterparts.
China also produces many batteries used in EVs and has been investing heavily in charging stations throughout the country.
California will be responsible for nearly half of all U.S. plug-in electric vehicle sales through 2035.
California will be responsible for nearly half of all U.S. plug-in electric vehicle sales through 2035.
California has the highest adoption rate of EVs, with one in every six cars sold in California being an EV. This is more than 4x higher than the national average, which is about 1 in 25 new vehicles sold across America being an EV (based on data from January 2019). California also has the most charging stations per capita–more than double that of any other state or region in North America (including Canada).
EVs are the future of personal transportation
As we move forward, EVs will become the dominant form of personal transportation. EVs are more efficient than internal combustion engines and have lower emissions than any other form of transportation. They can also be used for long-distance travel, thanks to their ability to charge at high speeds and carry enough electricity to last hundreds of miles between charges.
In conclusion, it’s clear that EVs are the future of personal transportation. The technology is improving and becoming more affordable every year, while oil prices continue to rise. It’s time for you to ditch your old gas car and join the green revolution!
