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EV solutions around the world


HS2021-EV solutions around the world-1
We dive into how and why the world is approaching electric vehicles today.

Still on the fence about buying an electric vehicle (EV)? The styles across car manufacturers are generally improving and the need for EVs is increasing around the world. Now, drivers are faced with the option of continuing to purchase petrol vehicles or choosing the alternative EV solution.

Here, we take a look at what the rest of the world is considering, how citizens of other countries are approaching the subject and what we suggest.

A glimpse into the global EV approach

An understanding of how the world is embracing electric vehicles can help put similar developments in the U.S. into a clearer context. This information can also help you decide if this vehicle type is right for your lifestyle.

Here is a glimpse into how the globe is responding to EVs.

Japan

Yoshihide Suga, the Prime Minister of Japan, pledged to make Japan carbon neutral by 2050.

According to The New York Times, Japan is pushing to stop the sale of gas-only vehicles and their view on hybrid vehicles remains positive.

The EU

Ursula von der Leyen, president of the European Commission, put out a statement that the EU will effectively ban the manufacturing and sale of gas-powered cars between 2030 and 2035, according to a Forbes article. This action supports the EU’s goal of becoming climate neutral by 2050.

A Reuters article found that, because of this recent ban, there was a surge in EV sales. As a result, 11% of all cars across the EU, Iceland, Norway and Britain were electric vehicles.

Australia

The Driven found that sales of EVs in the first half of 2021 are double that of all sales in 2020. However, studies show that Australia does not have a strong stance on EVs overall, according to an article in the Australia Financial Review.

Things to consider

Although the U.S. is struggling to mandate a gas-powered ban by 2035, you can easily purchase an EV. Here are a few things to consider when buying your first EV.

When are you buying your next car?

Electric vehicles may be more expensive than gas-powered vehicles initially, but the cost to maintain them is lower. Most of a car’s maintenance costs come from its engine — which EVs have done away with. You’ll need to replace non-mechanical parts of the vehicle like tires and lights, but overall, you’d save money buying an EV in the long run as compared to a traditional vehicle.

How often do you drive?

Make sure to have a plan for where and how often you’ll need to charge. Although charging stations continue to pop up around the country, you’ll need to make sure you have a plan to find charging stations during your travels.

What are the tax benefits?

The U.S. offers tax benefits across the country. These incentives not only cut costs at the pump, but could save you thousands of dollars during tax season.

Around the world, governments are taking the step towards reducing their carbon emissions. Find out how you can play a role in the change by contacting us today.

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