Sales of electric vehicles have been on the rise over the past few years and are projected to continue increasing in the near future. More and more consumers in the United States are opting for EVs over gasoline, a trend that is likely to continue for decades to come. Increases in the number of electric cars on the road will mean adjustments for society to accommodate, including an increased need for charging stations over gas stations.
Why So Many People Are Making The Switch To Electric Vehicles
For many households, electric cars are becoming more and more accessible every year. A wide variety of models that are designed to fit the needs of different consumers are now available on the market. Additionally, more people are realizing the long-term cost efficiency of switching to electric fuel: on average, charging an electric vehicle costs the equivalent of fueling a car with gasoline at a price of $1/gallon. With EV charging stations becoming a more common sight in parking lots and driveways, more people have access to the resources needed for owning electric vehicles.
The Future Of Electric Cars And The Automotive Industry
Electric cars have been seeing a spike in popularity and sales, and projections show no sign of slowing down. This year’s total electric vehicle sales are currently 65% higher than they were at this same time last year! According to a 2017 Bloomberg report, electric vehicles will make up the majority (54%) of new car sales by 2040. With the increasingly lower costs of electric cars making them more attainable for the average consumer, it is likely this prediction will come true. The biggest questions are whether the rest of society will be able to keep pace with this change, if enough commercial locations will be able to provide charging stations for the public, and if charging stations will become affordable enough for the average owner of an electric car to have one in their home.
Much remains to be seen about the future of the automotive industry and its green potential, but if the current data tells us anything, it’s that electric vehicles won’t be going away any time soon. Expect to see more and more of these unique, environmentally friendly cars on the road in the future, along with the charging stations that power them.