4 Signs That Electric Cars Are About to Make a Splash

Electric cars may not have taken over the roadways yet, but a lot of success is happening quietly and behind the scenes in order to position the fuel-free vehicles for later dominance. Here are some of the reasons we can expect to see a lot more electric cars on our daily commutes in the near future:

1. Sales Are Up In General

The U.S. might be lagging behind other countries in electric car sales, but it’s making headway as of late. Between January 2016 and January 2017, sales increased by 59 percent. This past January alone saw the sales of 12,000 electric cars.

Let’s not mislead anyone: That means electric cars still account for just 1 percent of all vehicle sales in America at this point. However, if that upward trajectory continues, we can expect to see electric cars put a much larger dent in oil-dependent cars in the upcoming years. Experts now predict a share of as much as 11 percent of all vehicles sold by 2025.

2. Charging Stations Are Growing Rapidly

For a while, one of the biggest impediments to growing the electric car market is that there weren’t enough charging stations around for people to want to make the purchase. That obviously goes both ways, though – more charging stations would be added if there were more electric cars on the roads.

Now, the industry is making a leap by going all-in on creating charging stations for electric cars. The thought is that once people see the stations everywhere, they’ll see how feasible it is to convert to this lifestyle. It’s an upfront investment that should result in more car purchases in the near future.

It’s not just happening in the places you’d expect either. NPR reports that the electric industry is focusing a lot of its new locations in the Midwest, an area not exactly known for its environmental activism. Nevertheless, by putting the resources there, car companies have found that the sales are taking off anyway.

3. Batteries Are Remarkably Cheaper/Better

One of the least enticing aspects of electric cars has been the cost of batteries. Electric vehicles tend to run out of energy after about 100 miles of driving. Not only are batteries starting to hold large charges, they’re being made more efficiently and cheaply – a cost that is being passed off to the consumer.

The cost has decreased steadily since 2010. Between 2014 and 2015 alone, the cost of a battery dropped by 35 percent. Better yet, the time it takes to charge batteries is constantly decreasing. Obviously, electric cars are a lot more appealing when charging them comes down to a matter of minutes rather than hours.

4. Gas Prices Are Dropping, But Its Not Stopping Electric Sales

In the past, electric car manufacturers have seen sales spikes when gas prices rise nationally and car buyers become more interested in not having to pay for gas. Conversely, like in 2014, when gas prices dropped, electric car sales dipped because even gas-guzzlers were more affordable in that moment.

Electric sales no longer seem quite as tied to the cost of fuel, however. Worldwide, electric care sales are trending continuously upward, never mind how cheap gas appears to be. If the cost of oil were to go up again, it probably would help the electric car industry, but for now, affordable fuel isn’t hindering the industry from growing.

Photo credit: Thinkstock

82 comments

Marie W
Marie W6 months ago

Thanks for posting.

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Patrice Z
Patrice Z9 months ago

Encouraging news. Thanks for sharing.

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Grace Adams
Grace Adams9 months ago

I hope battery electric vehicles take over about 90% of the market for new cars over the next twenty years. I suspect most EVs need a 240volt socket in the garage to plug into for maybe an hour for their daily charge. Electric motor are enough more efficient than internal combustion engines to still be cleaner even with coal-fired electric. Of course, an electric car charged with electric from either solar or wind is the best of both worlds.

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Shirley S
Shirley S9 months ago

And where does the electricity used for these cars, originate ??? Coal or clean power ?

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JT Smith
JT Smith9 months ago

I am in no way supporting Big Oil with what I'm about to say as petrol as a fuel is an environmental disaster. That said, batteries are not the right way to go either. Not only is there the slave labour and environmental problems inherent in the manufacture of batteries, there's also the simple fact that while battery lives have increased and become more efficient than they used to be, batteries still wear out and require replacing. At which point you have even further environmental problems caused by the non-recyclable parts. In the meantime there's still the matter of the fact that it still takes hours to fully recharge a battery from flat and if you don't run the battery to flat prior to fully recharging completely you will shorten the total overall life of the battery. I know this for a fact by taking two identical modern mobile phones (I inadvertently got two handsets, one from each of two people, due to my previous phone dying completely after 4 years of service, and I kept the second as a backup) and ran the first one battery to flat every time prior to fully recharging. That handset started getting a bit worn so I started using the second handset fresh from the box. Only with the second handset I decided to go against my better judgement and started recharging every day or so regardless of how low the battery was. The end result was that the battery of the second handset ended up needing to be recharged as often after one year as the first one did

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Son Y.
Son Y.9 months ago

I'm not sure what to think of this. Would rather more people used a bike, but I'd be a hypocrite because I'm too afraid to bike on real roads, what with crazy drivers and probably compromising my lung health breathing in more particulates. OTOH, if there were many more bikes than cars on the road, I would probably do it.

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Dan Blossfeld
Dan B9 months ago

Brain F.,
That would be great, if it works.

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Brian F
Brian F9 months ago

Dan B The batteries are getting cheaper just like solar panels are. With Tesla's giga factory, it's only a matter of time, that mass production, and economies of scale bring the prices down farther. I think we'll begin to see mass adoption of electric vehicles soon.

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Marija M
Marija M9 months ago

tks

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Roberto MARINI
Roberto MARINI9 months ago

thankyou

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