The global increase in demand for electric cars continues to grow at a rapid pace, with sales surging by 49 percent during the first half of 2021. This success has been driven by a combination of factors including an increased focus on sustainability, the introduction of new models with longer battery ranges, and government incentives encouraging the adoption of electric vehicles. As the world moves towards a greener future, the rapid growth in electric car sales highlights the increasing importance of sustainable transportation solutions.
There has been a surge of 49 percent in the sales of new electric cars so far this year, according to the latest registration figures which reveal that 9,303 battery electric vehicles (BEVs) have been registered for Q1, compared to 6,235 in the same period in 2022. Sales have increased every month, and new BEV registrations last month rose to 3,421 from 1,924 in March 2022. For the first quarter of 2023, electric vehicles accounted for 16 percent of new car registrations as the market share of BEVs, hybrids (20.6 percent), and plug-ins (8 percent) has steadily risen. For now, petrol remains the dominant fuel source (32.6 percent) with diesel drifting at 22.8 percent market share, but the combined electrified vehicles are gaining momentum. The market rose by 37 percent last month with sales up 16.5 percent compared to the corresponding period last year. Brian Cooke, the director general of SIMI, said the surge in registrations for March indicates a strong performing market but pointed out that some of this increase is due to the backlog of orders since the beginning of the year.
In conclusion, it’s undeniable that the electric vehicle revolution is well underway. With sales of new electric cars surging by 49% so far this year, it’s clear that more and more people are embracing the technology for its environmental and economic benefits. As governments around the world work to phase out gas-powered vehicles and consumers demand more sustainable options, it’s likely that this trend will only continue to grow in the coming years. So whether it’s the low operating costs or the satisfaction of knowing you’re doing your part for the planet, there’s never been a better time to consider switching to an electric car.
Electric Car Sales Surge by 49% in 2023 Q1: New Registration Figures Reveal.
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