The electric vehicle, first invented in the late 1800's, was originally popular because it was more comfortable and easier to operate for consumers at the time than gas-powered vehicles. They were quickly replaced however with new, cheaper gas-powered vehicles that could go further without fueling up. The internal combustion engine has ruled the roadways for over 100 years, but how likely is it to remain king for 100 more? As electric vehicle charging networks expand, everyday access and convenience continue to improve.
EVs are regaining momentum due to growing awareness of hydrocarbon-related health and climate impacts, alongside improving charging infrastructure that reduces range anxiety. Owner experiences and widespread public and commercial charging installations are boosting confidence. Lower operating costs, more affordable models from legacy brands, and cutting-edge features are attracting new buyers. Forecasts project rapid market growth, with North America poised to become a leading market.
The Effect of Hydrocarbon Emissions
The world became interested in EVs again as the effects of hydrocarbons became well known. Petroleum is a complicated mix of chemicals with varying degrees of toxicity, all linked to everything from lung disease to cancer in humans. Petroleum is also an instant killer of sea life when spilled. The burning of hydrocarbons also increases climate change and the "greenhouse effect." Once the true effects of hydrocarbon fuels were known, many activists and manufacturers sought a better choice, and the EV was the solution they needed. Though environmental concern remains the number one reason for purchasing an EV, there are many other practical reasons EVs are on the rise.
More Than 40% of Global Car Sales Could Be Electric by 2030
Growing Popularity
According to the Edison Electric Institute, there are already more than a million EVs on U.S. roads, and there will be a projected 18 million by 2030. There are many reasons, according to Cars.com, for the increased popularity of electric vehicles. Some reasons involve the elimination of old fears, while others please a new kind of consumer. As more EV charging stations are built, EV range anxiety—the number one reason potential consumers have long given for not buying an EV—becomes less of a threat. The result is that the number of potential consumers with range anxiety has dipped 6% in the last year. As reports from EV owners come back saying they have not ever run out of a charge or had trouble finding a charging station, more people are willing to move past their misgivings and try an EV. Beyond public infrastructure, businesses and municipalities are investing in commercial EV charging station installations at workplaces, retail hubs, and along highways, which further reduces perceived barriers to adoption. The continuing buildout of electric vehicle charging options supports longer trips and everyday commuting alike.
