The electrification of mobility is an increasingly present reality in the automotive sector. All forecasts suggest that it is a matter of time before the electric vehicle prevails over other technologies. A recent study dates this scenario. They indicate that sales of electrified cars will exceed those of diesel and gasoline in the first half of 2023. Do you want to know more data? Keep reading!
The study has been developed by the prospective expert Lars Thomsen. He is also a member of the board of directors for charging solutions company Juice Technology. His predictions indicate that global registrations of this type of vehicle will not stop growing in the coming years.
The maximum peak of interest will be reached in 2025. On that date, electric vehicles will reach the tipping point in virtually all vehicle segments and classes. The report indicates that they will be more attractive and economical than the combustion ones.
The figures by region
The study also analyzes the evolution of electrified cars by region. China is one of the countries that comes out better. They point out that it will be a “powerful actor” against Europe and the United States. They predict that within 3 years, there will be at least 6 Chinese brands operating in the above markets. In addition, it will be the world’s largest market for electric vehicles until 2026.
For its part, the United States, helped by the boost plan that Biden is preparing, will achieve a share of electric vehicles of around 40% in 2025.
What will happen to the hybrids?
Lars Thomsen’s study also looks at the evolution of hybrids. He believes that plug-in hybrids have limited success over time. He explains this decline in buyer interest with his “disappointing” use of the upload feature to date as well as the end of its tax advantages.
In addition, pure electric will eat up this technology since by now practically all service stations on European roads will have fast charging connections. On the other hand, charging at home or at work with alternating current will be an increasingly cheaper alternative for users, as variable charging rates will become more common by 2025.