EVs are becoming increasingly popular, and the number of EVs on the road is skyrocketing—but not all EVs are created equal. In this article, we cover trends in the adoption of different types of electric vehicles (EVs) and their relative popularity compared to other alternative-fuel vehicles.
Grid-connected Battery Electric Vehicles
- Electric vehicles are gaining popularity among consumers in the United States and worldwide.
- EVs are becoming more affordable and efficient than ever before, which has led to their increased usage in certain countries and regions.
- EVs can be found throughout the country, but California leads the way when it comes to electric vehicle adoption rates due in part to state incentives such as rebates or tax credits for owning an EV.
Battery Electric Vehicle Sales Forecasts
The electric vehicle industry is expected to grow at a rapid pace, with total global sales reaching 23 million units by 2023. Battery electric vehicles (BEVs) are projected to account for over 70% of those sales and will lead the way in terms of growth.
In this section, you’ll find out how much BEV sales will increase in each region and country during the next decade. You’ll also learn about the types of vehicles being purchased by consumers around the world–from cars to trucks, buses, motorcycles and scooters–and how many miles they’re driving each year on average as part of your daily commute or weekend trip away from home
Battery Electric Vehicle Share of Total Light Vehicle Sales
As you might expect, battery electric vehicles are expected to dominate the market. The number of BEVs sold is expected to increase by over 200% between 2023 and 2028, with over 50% of all light vehicle sales coming from BEVs by 2023. This growth is driven by rising gas prices, which make it more expensive to own a traditional internal combustion engine (ICE) vehicle; as well as increasing concern about climate change and pollution levels in cities across the world.
Hybrid Electric Vehicle Sales Forecasts
Hybrid electric vehicles are a good option for those who want to save money on fuel. Hybrid electric vehicles are more efficient than conventional vehicles, so they use less gas and emit fewer pollutants. In addition to being cleaner, they’re also quieter and smoother riding than traditional cars or trucks.
Hybrid electric vehicles are popular in the US and Europe, but they’re becoming more popular in China as well!
Plug-in Hybrid Electric Vehicle Share of Total Light Vehicle Sales
Plug-in hybrid electric vehicles (PHEVs) are becoming more popular with consumers and making up the majority of the electric vehicle market. In 2023, PHEVs will account for 57% of all light vehicle sales in the U.S., up from 36% in 2020.
This shift is due to several factors:
- A significant drop in battery costs has made it possible for automakers to offer larger battery packs at lower prices than they could previously afford; these vehicles can now travel farther on a single charge while still being affordable enough for most consumers’ budgets.
- Newer models have greater charging capacity–some even have quick-charging capabilities–which makes them more convenient than ever before!
Fuel Cell Electric Vehicle Share of Total Light Vehicle Sales
Fuel cell electric vehicles (FCEVs) are the most expensive type of EV, with a base price of $55,000 and a range of 300 miles per charge. However, FCEVs cost less than half as much to operate as battery electric vehicles–$1.50 per mile compared to $3-$4 per mile for BEVs.
Fuel cell electric vehicles are not as popular as battery electric or plug-in hybrid cars because they have limited range and take longer to charge than BEVs and PHEVs. In Europe, where there are more charging stations available than in the US, FCEVs may become more popular in coming years because they can be refueled at home or work without burning fossil fuels like gasoline or diesel fuel that pollute our air while driving across town on errands during the day when everyone else is polluting too!
EVs are becoming increasingly popular
As EV technology advances, the vehicles become more and more popular. As they become more affordable and capable of traveling longer distances with fewer stops to charge, they will continue to gain popularity. Additionally, EVs are becoming more efficient because they rely on less energy to travel the same distance as traditional vehicles do.
We can see from the data that EVs are becoming increasingly popular. In fact, they are projected to make up over half of all new vehicle sales by 2023! This is great news for our environment and future generations who will be able to breathe cleaner air. However, we also need to make sure that there is enough charging infrastructure available so everyone who owns an EV can get where they need to go without running out of power at home or work–from smartphones to cars, this technology affects us all in some way