Global Electric Car Sales Jump 42% Over Last Year
As Quarter 1 2016 drew to a close this year, one thing was certainly clear: this year’s beginning saw way more EV sales (meaning all-electric vehicles, plug-in hybrids, and light-commercial electric vehicles) than last year, with a total of 180,500 being sold across the world, an increase of around 42% over the same period in 2015.
Most of this growth was created by China, where volume of “New Energy” passenger vehicles has slightly more than doubled. This was bolstered by growth in Japan, the US, and Europe, although European sales were dampened slightly thanks to situations like the one in Denmark, where emissions taxes and incentives are being drastically changed.
I’m Not So Sure About This: Is it even safe to apply for credit on a dealership website?
Denmark aside, though, future EV sales seem bright, especially thanks to the sudden, wildly enthusiastic response to the reveal of the Tesla Model 3, where Tesla raked in over 100,000 reservations before the event even began, and then continued rising to around 400,000 (although that number has gone down somewhat to 373,000). For a bit of perspective, this number is higher than the number of battery EVs sold worldwide for the entire year of 2015.
This proved that, even without having the vehicles made yet, there was high demand for an EV, showing the potential for high sales for competitively-priced and –ranged EVs. This will certainly be helped once Chevrolet starts delivering its own affordable, long-range EV, the Bolt hatchback, to US dealerships this year, and then will be helped in coming years as more and more vehicles begin to follow Chevy and Tesla’s lead.
Ready for Some New Wheels? Here are some tips for picking up your next ride
Daniel Susco is a native of the Dayton-Cincinnati area, and has written on a multitude of subjects. He can discuss Shakespeare, expound on Classical Mythology, and even make witty jokes about Pliny the Elder (More like “Pliny the Rounder,” right?). In his free time, Daniel enjoys reading, cooking, woodworking, and long walks on the beach (just kidding – sunburn is no joke). See more articles by Daniel.