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  • How Can Electric Cars Take Over The Market Sooner Than Expected?
    The sale of electric cars has been increasing rapidly in the last few years. There is an assumption that 2040 may be the year when all the new cars sold around will be electric. If you want to know global and European technology news, this is important for you. A report by Canalys found that worldwide electric vehicle sales grew by more than 39% in 2020. It was the Tesla brand that took over and sold about 500,000, electric cars. Volkswagen also led the race and was only behind Tesla.

    Perhaps you haven’t driven an electric car yet, but the predictions about their sales are pretty good right now. The world is passing through the biggest revolution in the motoring industry. And the popularity of electric cars is growing faster than you can imagine. Automobile businesses need try to recognize the prominence of the EVs.

    If you run an automobile business in Europe, you should know what’s trending in automobile Europe business news. For example, Ford said all models sold in Europe will be electric by 2030. Here you can learn how predictions about electric cars and their growth can come true sooner than you think:

    What are the world’s major carmakers thinking?

    The future ideas of some of the biggest car makers around the world are leaning towards the electric car. If you are planning to buy a Jaguar car after 2025, it will be an electric car. Jaguar is all set to become the electric-only car brand from 2025.

    General Motors says it plans to make electric vehicles only by 2035. Volvo is also on the same path and looking to sell electric-only models from 2028. Besides, British sports car manufacturer Lotus is also expected to sell electric cars only from 2028.

    Why would you buy electric vehicles?

    It’s very much clear what the global automobile makers are thinking about EVs. But, it’s you who has the upper hand to determine whether you need one. How tempted would you be to buy an electric car? Here are a few things that make buying EVs a great option for you:

    Its low maintenance and repair costs make electric vehicles so in demand.
    EVs may face less wear and tear than ICE vehicles. Thus, they can have a high resale value.
    EVs can deliver an excellent driving experience as they move more quietly than conventional vehicles.
    Above all, there is no pollution if you are driving an EV on the road.

    European Business Magazine is your one-stop destination to be familiar with all European Business news. They let you discover the latest news and stories on Business And Finance, travel, and more. Join their website today to keep yourself updated with what is happening around the world.

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