The increase in sales of electric vehicles worldwide was due to high demand in China and Europe. As is known, China is the largest market for electric cars, while Europe contributes greatly to the total global retail figure for electric vehicles.
A few years ago, hybrid cars did dominate the electric vehicle segment worldwide. That’s because this model comes with a petrol engine mated to an electric motor.
Hybrid vehicles themselves do offer a longer range and better fuel efficiency. But in 2021, the position of hybrid cars lost to the record sales of full electric vehicles.
Some reports even mention electric vehicle sales are expected to experience higher growth in the coming days. That is, hybrid cars will be a little more difficult to get his position again.
Electric vehicles have seen an increase in demand in recent years due to a number of factors, including rising gasoline and diesel prices, tightening emission norms, the imposition of deadlines for the adoption of electric vehicles by various governments, and increased awareness regarding vehicle emissions and their impact on climate change.
In addition, the introduction of subsidies for electric vehicle consumers by the government has also increased the world’s interest in EVs. This subsidy is able to increase the wider range of products in this segment, reduce the price of electric vehicles, and narrow the price gap between EVs and fossil fuel vehicles.