HOW PANDEMIC CAUSED GLOBAL RISE OF EV SALES

Written by T-admin

April 8, 2021

EV Sales

A lot has changed in the past year. Most things for the worse, but regarding EVs, the future seems brighter than ever. Even though the economies around the globe are struggling, and car sales, in general, have dropped, the sales of electric vehicles are on the rise. In 2020 the global e-car sales reached 2.3 million, which is almost a four-fold increase in just five years. Around the world, we can see more and more electric cars, motorcycles, buses, and even trucks on the road.
We were curious how so, and we came to some interesting conclusions.

FINANCIAL BENEFITS

Most EU countries offer some kind of financial stimulation for people who decide to purchase an EV. This is even more prominent in the Covid-19 crises when some countries decided to boost EV sales with additional subsidies. Often more pricey electric vehicles became an attractive alternative to ICE vehicles for more and more people.

BETTER TECHNOLOGY

A great effort is made to make electric vehicles go faster and further. The record for the best range was set in 2020 with an e-car crossing 513 km on one charge. Not only that… the average battery price has dropped from $1160 in 2010 to mare $156 in 2019. Better range, more affordable batteries, and all the cool features are making EVs transportation of the future.

STAY SAFE, RE-FILL AT HOME

In the past year, the notion of personal hygiene has gotten a whole new meaning, making facemasks, disinfectants, and avoiding large crowds a new-normal. This is why a possibility of re-charging your vehicle at home, not having to touch pumps on the gas stations, is even more attractive. The global pandemic had made us do our shopping, work, and socializing from home. Why would be any different with getting fuel for your vehicle? Yes, we can’t wait to go back to our normal routines, but visiting gas stations is not one of them.

NATURE IS RECOVERING

Do you remember numerous reports about dolphins returning to Venice and better air quality in large cities during the lock-downs around the globes? These were good news in grim covid reality. People noticed their effect on the environment and how much better life can be if we cut down the emissions. After all, transport contributes 23% of global carbon emissions and driving is by far the largest element of that, contributing 72% of transport carbon emissions. With this in mind, more and more people decide to switch to greener means of transportation.

It seems that humanity’s switch to greener, more sustainable transportation is a silver lining in these chaotic times. We are big fans of EVs, electric motorcycles in particular, so if you need an extra reason on why owning one in the time of the pandemic is a good reason, then check out this article we had prepared for you a year ago.

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