Dear MEL Topic Readers,
The electric car revolution is on track, says IEAElectric vehicles (EVs) have a battery instead of a gasoline tank, and
an electric motor instead of an internal combustion engine. They are purely
motor-powered vehicles. Plug-in hybrid electric vehicles (PHEVs) are a
combination of gasoline and electric vehicles, so they have a battery, an
electric motor, a gasoline tank, and an internal combustion engine. The gasoline
engine kicks in only when the battery runs out. These two types of vehicles are
generally considered EVs. According to the International Energy Agency (IEA), EV
sales will reach 17 million this year, which will represent roughly 20% of this
year’s new car sales projection. Over half of those new EVs will be sold in
China, the world’s largest EV market where over 30% of the new cars sold last
year were EVs. The agency also predicts by 2035, half of cars sold in the world
will be EVs. Price, battery power, and charging infrastructure seem to be the
keys to EV market growth. Also, the connectivity with smartphones that EVs
offer might drive young car buyers to choose EVs over gasoline vehicles. The
trend already seems to have been set.
Read the article and learn about how EV sales are growing in the world.
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