It’s 2019 and we’re still happily buying and driving gas-powered and diesel-powered cars but the days of the internal combustion engine – at least the one as we know it now, powered by fossil fuels – are numbered with the looming threat of global warming growing seemingly by the minute. As almost every major player in the automotive industry pushes for electrification, we see customers do so too with more and more EVs being bought every year. Moreover, countries all around the world are preparing laws that could see the sale of ICE-powered vehicles outlawed. This may become a reality in the United Kingdom by 2035 and the U.S. could follow suit sooner rather than later although such a dramatic shift won’t happen overnight.
Can you feel it? The wind of change is blowing hard nowadays. Researchers say that, by 2022, owning an EV will be cheaper than the cost of living with a diesel-powered or a gas-powered alternative. By 2040, it’s said that around 50% of the cars on our roads will be electric and you can see how this may happen as the sales of EVs have gone up by an astonishing 92% in the first six months of 2019 to 765,000 units sold across 41 different markets around the globe. It’s still a niche with just 1.7% of the global market being taken up by BEVs but this percentage grows all the time and the process will be accelerated once nations start enforcing partial and then across-the-board bans on fossil fuel-powered vehicle that’ll leave people and business no choice but to switch when the moment comes to buy a new car.