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Electrification is irreversible! Research institutes say that european tram sales will overcharge in 2025

Car stuff (public number: chedongxi)

Author | Alice

Edit | Juice

Car east January 13 news, according to foreign media Electrek reported that a few days ago a European agency released a study, the results show that the EU and the British market electric vehicle sales growth rate exceeded expectations, in 2025 the European market electric vehicle sales will exceed the internal combustion engine model, the European car market transition to pure electric vehicles is inevitable.

Under the wave of electrification around the world, many car companies have said that they will gradually stop production of internal combustion engine models and transition to electrification in the future, while governments have also set up different degrees of carbon emission regulations. In addition, the overall cost of electric vehicles is lower than that of internal combustion engine models, and consumers will gradually choose electric vehicles.

These three factors contribute to this trend – electric vehicles in Europe will sell more electric vehicles than internal combustion engine models in the next three years.

First, the sales of electric vehicles in Europe will double in 2022 Surpass fuel models in 2025

Recently, commissioned by an industry alliance, Business Green published a research report evaluating electric vehicle usage, market conditions and regulatory environment in the European automotive market, including the UK, France, the Netherlands, Italy, Spain, Germany and Poland.

The industry alliance is made up of 45 European car companies, operators, transport companies and civil society organizations.

Notably, the study, which targeted 14,000 new car buyers in the European market, found that upfront costs are one of the most important factors for consumers when deciding to buy a vehicle next time.

Electrification is irreversible! Research institutes say that european tram sales will overcharge in 2025

▲ Volkswagen ID.3, one of the most popular pure electric models in the European market

Multiple studies around the world have shown that electric vehicles cost less than gasoline and diesel vehicles in the long run due to their lower maintenance and energy costs. However, for the average consumer who wants to buy an electric car, the upfront price tag is still a big hurdle without fully understanding the advantages of electric vehicles. In layman's terms, electric vehicles are expensive to buy and cheap to use.

However, the cost of power batteries and other key EV components has fallen recently, and this cost is expected to continue to shrink in the future. In this case, research suggests that the price of electric vehicles will be on par with conventional fuel vehicles around 2025.

In this context, the study concluded that the share of electric vehicles in the European market will exceed 50% in 2025.

In addition, the study predicts that by 2035, all new cars sold on the market will be electric vehicles.

Second, car companies, policies to promote europe electrification transformation pace accelerated

Like many U.S. automakers, europe's traditional automakers are starting to follow the trend and shift their focus to the production of electric vehicles. Some car companies have pledged to fully electrify by 2030.

The government departments of the European Union and the United Kingdom are also cooperating with the electrification process of car companies, constantly introducing various policies conducive to sustainability and strengthening the construction of charging infrastructure, and also laying out a zero-emission strategy on public transport.

Electrification is irreversible! Research institutes say that european tram sales will overcharge in 2025

Electric buses in the City of London

In the UK, for example, after the Zero Emission Bus Summit in the UK, London Mayor Sadik Khan announced that all new buses ordered by transport authorities in London (TfL) would be electric. The move is in line with London's previously set goal of electrifying the entire bus fleet by 2037. In addition to the announcement, Sadiq Khan unveiled a timeline aimed at bringing the bus fleet through a full electrification transition by 2034 or even earlier.

Driven by the government and car companies, consumers are becoming more and more receptive to electric vehicles. Under the subsidy policy of new energy vehicles, the competitiveness of new energy vehicles is also constantly improving compared with traditional fuel models. Foreign media believe that now, consumers in the European market are more inclined to buy new energy models than ever before.

Conclusion: The electric vehicle market began to expand rapidly

Europe is one of the main fronts of the traditional automobile industry, and the rapid rise of the European electric vehicle market means that the European people have begun to accept electric vehicles, which further indicates that the electric vehicle market has great potential for development.

Traditional car companies represented by Volkswagen Group and BMW Group continue to promote the process of electrification and continue to increase research and development of new energy models. The increase in sales of emerging car companies such as Tesla in the European market shows to some extent that Europe's acceptance of electric vehicles is increasing.

The share of electric vehicles in Europe is increasing, and in the future, it is only a matter of time before fuel vehicles withdraw from the European market.

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