Electric Car Trend Declines, Hybrid Cars Increasingly in Demand

RiderTua.com – Until now, electric cars are still a type of car that continues to increase in number on the global market. Moreover, competition in the market is increasingly fierce, coupled with superior brands such as Tesla which still dominate. However, recently the trend of electric cars has decreased in the global market. On the other hand, hybrid cars are increasingly in demand by consumers.

Electric Cars Experience Decline in Demand in Global Market

Sales of environmentally friendly cars have remained fairly stable in recent years. Especially electric cars, where sales results are quite good in a number of regions such as Europe, America and Asia. Brands such as Tesla and BYD dominate this market, although BYD was the one who led overall sales last year.

Even though more and more new models are being released, the trend has decreased quite drastically from what was previously predicted. Tesla had anticipated this, but they didn’t expect the decline to be even faster. Still, they will continue to sell their electric cars, because this has been their mainstay all this time.

Less Practical

Meanwhile, for other brands, some have chosen to reduce their electric car sales targets, to the point of delaying full electrification of their products. Although there are also those who choose to focus on selling other types of environmentally friendly cars, such as hybrids and plug-in hybrids (PHEV). Many consumers are looking at this type of car because it is more practical compared to electric cars.

Hybrid cars and the like still use petrol engines, but at least the emissions they produce are less than regular petrol cars, and are more fuel efficient. Moreover, hybrid cars still receive subsidies in a number of countries, although clearly not all countries have subsidies or incentives for this type of car. But with demand being quite high, HEV and PHEV models have the potential to shift the BEV car trend.

So far, acceptance of environmentally friendly cars is still quite good in a number of countries. Including in Indonesia, where more and more new models are being released here.