Electric Vehicle Market Trends
Electric vehicle market trends show that people are increasingly choosing EVs as a mode of transportation, thanks to their environmental benefits and technological advances. EVs use rechargeable batteries and electric motors instead of traditional gasoline engines. People didn’t start buying electric cars in significant numbers until the 21st century, even though inventors had been creating them since the 1830s.
Advancements in EV technology, increasing government incentives, and rising awareness of the environmental benefits of EVs are driving a shift in the market. As a result, more and more consumers are choosing electric vehicles over traditional gasoline-powered vehicles.
EV technology trends are increasing battery range and accelerating charging speeds. This will make EVs more affordable and improve ADAS and connected car technology. These advancements are breaking down traditional barriers to EV adoption, such as range anxiety and a lack of charging infrastructure.
The high upfront costs, short battery lifespan, and continued need for expanding charging infrastructure present challenges for the EV market. However, increasing consumer demand and ongoing technological advancements indicate a positive outlook for the future.
Adopting electric vehicles is a promising step towards a sustainable future, with significant growth in the market expected.
Debunking the Myth EVs are a Scam
/Like many things these days, electric cars have become a polarizing topic and the subject of much online hate. Indeed, the vitriol and visceral hatred exhibited against EVs border on the fanatical unseen in reaction against any other products. Detractors regularly describe EVs as scams (environmental, financial, and otherwise), glorified toys/golf carts, unworkable/dangerous products, unsustainable […]
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Why Some Car Dealers Resist Selling Electric Vehicles
/The Sierra Club recently conducted a survey revealing that a staggering 66 percent of dealerships had no electric vehicles (EVs) available for sale. Even more concerning, 45 percent of these dealerships indicated that they would not offer an EV even if they had the opportunity. This raises the important question: what motivates some car dealers […]
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North American Charging Standard Gains Popularity Among EV Manufacturers
/As the popularity of electric vehicles (EVs) continues to rise, so does the importance of convenient and efficient charging infrastructure. The North American Charging Standard (NACS) has emerged as a leading solution, gaining support from major EV manufacturers. One such manufacturer, Tesla, recognized the need for a reliable charging network early on and launched the […]
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Service Challenges for All-Electric Vehicle Manufacturers
/Service challenges for all-electric vehicle manufacturers exist, as companies like Tesla, Rivian, and Polestar solely focus on producing and selling electric vehicles, leaving them with limited resources and efforts to provide maintenance services to their customers. Despite being relatively new, these companies need to address this issue to ensure the satisfaction and safety of their […]
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What’s the Future of Electric Vehicles in Five Years?
/Recently, someone asked me, “What’s the future of electric vehicles in five years?”. I had to take a moment to consider my response. Electric vehicles are among the most advanced, so this was a great question. Electric vehicles have come a long way since the first inception of an electric vehicle in 1832; 2020 has […]
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Auto Manufacturers Transition to Electric Vehicles
/In the 2020s, it is anticipated that car manufacturers will adopt electric mobility more extensively. Specifically, the 20 largest automotive manufacturers, who were responsible for nearly 90% of all new cars produced, have declared their plans to enhance the availability of electric vehicle models and increase production. Keep reading to discover the electrification plans of […]
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Advanced Driver-Assistance System (ADAS) Explained
/In today’s world, technology is constantly evolving and making our lives easier. One area where these advancements have made significant progress is in the automotive industry. Enter Advanced Driver-Assistance Systems (ADAS), the futuristic technology that promises to automate driving. Imagine a car that not only alerts you to potential hazards but also takes actions to […]
Read more »Is Now the Right Time to Buy an Electric Car?
/Is now the right time to buy an electric car? This was the question on my mind back in 2018. When we were looking to repurchase a new car, there were reports of Tesla running out of cash. The company’s future was in question. In 2018, Tesla qualified for the federal tax credit, plus California and our […]
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