If you’re looking for a way to reduce your carbon footprint, an all-electric vehicle (EV) could offer you exactly what you need. In fact, electric cars and trucks could lead to a significant reduction in carbon emissions in the near future. Not only that but these high-tech cars and trucks make it possible to reduce your fuel expenses to zero. This makes them unlike any other vehicle type on the market today.
Furthermore, they have become increasingly popular in recent years. There are more makes and models of EVs on the market to choose from than ever before. Here’s what you need to know about the popularity of electric cars and trucks.
1. The Increase in EV Popularity Has Been Significant
EVs made up a whopping 12.5% of all new vehicle registrations in January of 2022, and this figure increased to 17.7% in February. It’s likely that electric cars and trucks will increase in popularity for many years to come. In fact, it’s possible that EV sales will ultimately overtake sales of conventional vehicles.
Furthermore, the increased variety of EVs on the market today means that electric car buyers will not have to sacrifice performance, aesthetic appeal, or practicality. As the public becomes more aware of this, electric car sales are likely to continue growing.
2. New Electric Cars and Trucks Are Expected to Hit the Market Soon
As a result of the increasing popularity of electric cars and trucks, more makes and models of these vehicles are expected to hit the market in the near future. Despite the fact that there used to be only a handful of EV models to choose from, there are now dozens of these vehicles that buyers can choose from. There are multiple manufacturers that are expected to release new electric car models in 2022.
3. Increased Awareness of Environmental Issues Could Make EVs More Popular
While the effects of climate change and pollution have become significantly more apparent in recent years, there’s some good news as well. Recent studies suggest that 2022 is likely to be an important year when it comes to the future of our environment. If we all work together to lower carbon emissions, scientists believe that we could significantly reduce the effects of global warming and pollution.
As the public becomes more aware of these findings, interest in electric cars and trucks is likely to increase. This could lead to a significant increase in EV sales in 2022, 2023, and beyond.
4. More Car Manufacturers Are Making EVs
The increased variety of EVs on the market today has played a significant role in their increasing popularity. In fact, many of the nation’s leading car manufacturers have begun making EVs. For example, Ford, Audi, and BMW have all recently released multiple electric vehicle models.
However, it’s not just car manufacturers that are getting in on the electric car market. In fact, Apple is expected to begin building electric cars in the near future. These vehicles are expected to incorporate the latest technologies, and this will help to optimize your driving experience.
Furthermore, there are several new startups that plan to sell electric cars and trucks. Some examples of these up-and-coming brands are Bollinger, Faraday Future, and Canoo. These manufacturers are all based out of the U.S., and they’re expected to bring multiple new makes and models to the electric car market.
5. Electric Cars Tend to Be Quite Durable
Most electric cars and trucks are considered to be quite reliable, and this means that most buyers hold on to their new EVs for quite some time. On average, electric car and truck batteries can be expected to last approximately 200,000 miles. This makes it possible for an EV owner who drives 12,000 miles per year to use the same battery for approximately 17 years.
Some electric car models tend to last longer than gas-powered cars. This means that EV buyers tend to hold on to their new vehicles for considerably longer than most other types of cars and trucks.
Also, Tesla is working on technologies that will increase the life span of electric car batteries even further. In fact, the company believes that it will be possible to create an EV battery that can last for up to one million miles.
6. Electric Vehicles Have Become More Affordable
Electric cars and trucks do tend to be a bit more expensive than their gas-powered counterparts. However, this is slowly beginning to change. On average, an EV costs approximately $10,000 more than a gas-powered vehicle. Luckily, tax credits have made it possible to get $2,500 to $7,500 off on electric cars that were made in 2010 or later. This makes both new and used EVs more accessible to buyers.
On average, an electric vehicle costs approximately $56,000, and the average for both electric and gas-powered vehicles is $46,000. This means that many EVs are comparable to conventional cars and trucks in terms of price. Also, increases in gas prices could actually make it possible to save money by going electric. In fact, fuel prices have gone up by 58% since last year.
7. Charging Your Electric Vehicle on the Road Will Get Easier
Charging stations for electric cars and trucks are becoming commonplace in major cities across the country. This makes it far easier to take road trips in an electric car or truck, and it also makes it far more convenient to use electric vehicles for everyday use. In fact, charging stations are even becoming commonplace in smaller cities and suburban areas.
In the past, electric car owners had to charge their vehicles at home, and this would often lead to a sky-high electric bill. However, prices at electric car charging stations are reasonable. In fact, it’s possible to fully charge a small EV for as little as $11.50-$23, and many EVs can run for 100 miles or more on a charge.
8. More Car Dealers Are Offering Them
The increased popularity of EVs has led more car dealers to begin offering them, and this has contributed to the increase in electric car sales that has been observed in recent times. In fact, 11 states have allowed Tesla to open dealerships that exclusively sell electric vehicles made by the company. As more states adopt similar legislation, sales of EVs are likely to increase.
Electric vehicles are becoming increasingly mainstream. While once considered a niche market, one that catered just to the rich, electric vehicles are much more common in the marketplace than they have ever been. With more car manufacturers getting into the electric vehicle game, prices on the decrease, the increased availability of charging stations across the country, and the quality and durability of these vehicles, now is a great time to invest in an electric car.
