ICEs are still the major player on US roads, but recent stats show a 60 percent surge in EVs, predicting an imminent change in the car industry.
The US car market may be witnessing an unprecedented transformation. According to registration data, the first trimester of 2022 has known an incredible rise in EV registration figures, going up by 60 percent when the overall market was down 18 percent. A drastic change after more than a decade of a slow steady rise in sales. A trend that EVs were known for since their introduction as a mass-production vehicle type.
This change of fortunes can be interpreted as the American consumers discovering the electric car at last. A bit late to the party than their Scandinavian counterparts, but still a major step, when we take into consideration the unique American car culture and traditions.
A major contributor to the sudden rise is the introduction of several new eye-catching EV models. With new models like the Ford F-150 Lightning, Kia EV6, and Hyundai Ioniq 5, regular consumers don’t have any excuse to favor other ICE cars. Especially when they see that design, horsepower, range, passenger, and cargo space don’t constitute problems in electric vehicles anymore.
However, there is one point causing a little bit of anxiety to drivers and EV car makers alike; is the public charging infrastructure ready for this massive sale rise?
It’s true that home charging is expected to be the main power source for electric vehicles in the future. But that option is not available for everyone, and public charging stations play a crucial part in the whole system, especially when you factor in long-distance traveling.
The dilemma was plaguing the industry for a long time, we need more charging stations to incentivize new buyers, and at the same time, we need much more buyers to sustain the growing public charging network.
Another major deciding factor is the current Supply-chain issues, the instability forces the automakers to take important decisions on which models to build or not. And the public enthusiasm for EVs besides the higher profitability will certainly tip the scale in those kinds of decisions.
Flexibility and long-term planning make the difference between life and death in the car market, the sudden turn towards EVs is bad news for carmakers who didn’t have the will or the time to prepare, or for those who are not flexible enough to adapt to the new reality.
Coverking realized this early on, that’s why we chose the make custom-made car covers, perfectly adaptable to any car shape or form, Coverking products will fit your car like a glove, hugging every curve and line, no matter what model it is, all thanks to the advanced 3D scanning technology that we use in our design work.
