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How many people are buying electric cars?
It’s been quite some time since I’ve shopped for a new car, and I can’t help but feel a little overwhelmed with the options. It seems like electric cars are everywhere these days, but how many people are actually buying electric cars?
Allison Stone · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
There has been a lot of buzz around
electric cars
lately, partially due to many consumers wanting to move towards more sustainable
lifestyles. While you may not know many people personally who drive electric cars or see very many on the roads, their popularity is increasing exponentially year-over-year.
By June 2022, economists estimate that of the approximate 1.446 billion passenger cars on the road globally, 20 million of those will be plug-in electric vehicles. That’s a huge increase from 2016, when there were just one million.
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- Gregory R.
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