What Does The World Think Of EVs?

Tue 12th Jul 2022

While the UK government may be encouraged by the early adoption of electric vehicles ahead of the 2030 deadline, a new global report has revealed that attitudes in other countries are not so keen.

The Global Electric Vehicle Outlook report from the International Energy Agency (IEA) shows that sales of electric vehicles doubled last year, with a total of 6.6m EVs sold worldwide. The IEA data showed that there are currently 130,000 EVs being sold every week, with the United States, Europe and China leading the way in terms of sales.

But despite the fact that there were three times as many electric vehicles on the road by the end of 2021, than there were in 2018, there are still some countries which are struggling on take-up.

Two of the world’s biggest markets for cars, Brazil and India, have not seen a major interest in the greener motoring alternative, with less than one per cent market share dedicated to EV.

But while the country is gripped by crippling fuel prices and electric vehicle subsidies fall, the car buyer is left with the conundrum of when and how to make the switch to EV.

Many will question whether an electric vehicle can be a cheaper alternative in the long term, but EDF Energy, one of the biggest beneficiaries of the switch to electric, are keen to point out that there are a number of advantages of going for the greener option. 

“Just like traditional fuel engine vehicles, the cost of running an electric vehicle varies depending on the model, make and specifics of the vehicle – it means there’s an option for everyone and this includes buying an electric vehicle too,” says EDF Energy’s own report.

“Electricity costs much less than petrol or diesel and electric cars require less maintenance than an internal combustion engine. In addition, there are various incentives offered such as government grants or schemes, vehicle excise duty discounts or exemption, and also exemption from fuel duty.”