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Automotive Technology








 Step by Step to Electric Vehicles


Step by Step to Electric Vehicles


Not a day goes by that we don't read electric vehicle news. Electric vehicles, which have made great strides in becoming a part of our lives, continue to spread around the world. The aggressive approach to the price of electric cars, which can be called entry-level, is an important factor in prevalence. Many brands are preparing to launch their vehicles with prices below 20 thousand dollars in the next 3 years.

What do electric vehicles, which have become our focus, change and will change? In a report prepared by the International Energy Agency (IEA), data for 2022 were shared and they stated that more than 10 million electric vehicles were sold worldwide. He says that the expectation for this year is more than 14 million.

As a result of this situation, the market share of electric vehicles is expected to reach 18 percent. Considering that this rate was around 4 percent 2 years ago, it is seen that there is a significant improvement.

It is known that the incentives made by the countries have a great effect on this increase. However, the price balance is the main factor that ignites this situation.





In the published report, it is thought that the price balance in small and medium segment vehicles will settle by 2025 and the difference in internal combustion electricity will disappear. For SUVs and larger vehicles, this price balance is expected to settle in the 2030s.

A result emerges with the rapid increase in all these electric vehicle sales. Oil demand will decrease. By 2030, it is thought that the need for at least 5 million barrels of oil per day will be eliminated.
 
Today, when it comes to electric vehicles, China comes to mind. More than half of the world's electric vehicles are located in China. The rapid rise is expected to continue in the rest of the world.

News details and link: https://www.iea.org/news/demand-for-electric-cars-is-booming-with-sales-expected-to-leap-35-this-year-after-a-record-breaking-2022