Why electric vehicles are in high demand in 2022 | Car Concierge Pro. The world’s market for electric vehicles (EVs) is expanding at a consistent rate of 21.7 percent annually, referred to as a compounded annual growth rate (CAGR). By 2030, it is anticipated to have increased from 8.1 million units to 39.21 million. This exponential increase is driven by several issues, one of which is concerns about pollution.
In 2021, sales of electric vehicles (EVs) doubled from the year before, reaching a new high of 6.6 million, which was a record. In 2022, the demand for electric vehicles will be high for various reasons, including the rise in the price of gasoline, the decline in the price of electric cars, and the environmental benefits of driving an electric vehicle. As the world’s oil reserves are being depleted, it is anticipated that gasoline prices will rise over the following several years. Electric vehicles will become more appealing to customers due to this development because their operational costs will be lower than those of gasoline-powered cars.
Why electric vehicles are in high demand in 2022 | Car Concierge Pro.