Data Indicates European Consumers Finally Embracing Electric Cars

May 8th, 2017 at 8:08 pm

One of the challenges that most innovative technologies face is market acceptance. It is not as easy as trying to create the most innovative product and expect consumers to take interest and buy it. It takes quite some time for consumers to embrace a change in market sentiment with regards to newer technologies. The same can be said with the acceptance of electric cars. Although it has been around for decades, the electric car hasn’t taken over the transportation market filled with gas-fueled vehicles. But that may be slowly changing as more and more consumers are slowly considering buying electric cars.

According to data collected by the European Automobile Manufacturers Association, electric vehicle sales in the first quarter of 2017 have increased by 37.6 percent as compared to the first quarter of 2016. The demand for alternative fuel vehicles or AFV in the EU states followed the moderate increase of EV sales in the end of 2016. All the major EU member markets saw an increase in AFV registrations, with electric and hybrid-electric  models leading the surge.

The figures are said to be more or less similar to data for electric car market in the US. But EU still has a long way to go in order to catch up with the increase seen in the US markets for EV’s. So, it seems that the market for electric vehicles is here to stay and with a promising future ahead. It was only sometime ago that the market for electric vehicles wasn’t given any chance by the more popular and traditional gas vehicles. Thanks to better technology and more eco-friendly consumers, we might just be seeing a massive turnaround in the near future, where electric vehicles will outnumber traditional fossil fuel cars in terms of wider use globally.



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