The Electric Vehicle evolution over the years.
Electric vehicles (EVs) launched over a hundred years ago, and the popularity these days grows for the same reasons that they were first popular of. It is a growing market for new car purchases with rising numbers of people making the switch from gas to electricity.
How It Started
Battery-powered cars were created by innovators from Hungary, the Netherlands, and the United States, and some of the first small electric cars appeared. But It was not until the second half of the 19th century when French and English inventors created some of the first successful EV.
EV’s Rise And Fall
The popularity of EVs in the 1930s starts falling. Because of demand for Ford’s mass-produced Model T and cheap petrol for the internal combustion engine (ICE) vehicles. At that time, many manufacturers stopped building electric vehicles.
The resurrection began when the U.S. congress endorse that electric vehicles minimise air pollution. NASA helped to raise the profile of EVs as well. It’s electric Lunar Rover was the first manned vehicle on the moon. But the turning point of this resurrection, however, was the release of the Toyota Prius.
New EV’s Beginning
Scientists work to improve EVs and their batteries. Later on, Tesla Motors was founded, and Nissan launched the all-electric, zero-emission car Nissan LEAF which became words top-selling EV. GM releases the Chevrolet Volt and makes it the first commercially available plug-in hybrid. And then battery costs drop 50 % and make electric vehicles more affordable for its customers. Now consumers have multiple choices when buying an electric, hybrid, or plug-in vehicle.
According to a report by Bloomberg New Energy Finance electric vehicles will hit 10% of global vehicle sales in 2025 with that number rising to 28% in 2030 and 58% in 2040. The main reasons for that are regulations related to air quality and the environment, cheaper batteries, and consumer demand. Since more and more people want to be sustainable.