There are many factors that are creating the march toward a large number of EV models being offered on the market in nearly every area of the world. While government entities begin to make regulations that will require more electric and hybrid models to be offered for the drive, the factors that create interest among consumers are more compelling. Right now, the projected numbers state that nearly one in every six cars sold in the world will be electric for reasons other than the requirements set forth by legislation and this number will be reached by the year 2025.
What has helped to create the increased interest in the models that will become the electric vehicles that will be perfect for the drive in the future? One change in the market for this year alone has been the creation of the Chevrolet Bolt EV and the new Tesla Model 3. These two are now going to be a pair of models that lead the way in the US market but the world market is seeing something different that will make its way to the US as well and offer an influence that will be hard to ignore.
The Newest Influence
For the few years that EV models have been offered on the market for sale, we’ve basically ignored these vehicles when it’s time to have the drive desired. These models have been expensive to purchase and don’t offer a large number of places to recharge them quickly. For the most part, EV models have also been offered with ranges that were minuscule compared to gasoline vehicles, making the EV models more suited for the cities and not for highway use at all. This is all about to change and the Chinese markets are influencing the world in their charge for EV models.
China has invested in the electric car development and has even set forth legislation that will require at least ten percent of the models sold in China to be EV or hybrid models by the year 2020. In order to support this development China has added a large number of public charging ports. The number offered in 2014 was 20,000 while this number expanded to 50,000 by the end of 2015 and to 141,000 at the end of 2016. By the end of this current year the number will reach nearly 300,000 to give those that own EV models to be able to have the right place to charge the car they drive.
If the interest increases it seems the model built in China will have to be copied by the rest of the world in order to make sure we can have an excellent way to have the EV models offered when it comes to the drive desired. The lowered price of the EV models that are offered on the market will make it possible to have the drive expected when it comes to what we want on the road starting around the 2025 model year.
Want a vehicle that’s still fuel efficient but packs just a little more space and power? Then opt for the Chevrolet Cruze LTD. It’s just as refined as the Chevrolet Bolt and offers an impressive EPA-estimated 38 MPG highway. No matter which model you choose, you are guaranteed a vehicle that offers a lighter tread on the environment!