, the Biden administration pledged to install 500,00 electric vehicle stations across the country, and the luxury electric vehicle market blossomed.
It’s more than likely the trend of electric vehicles will continue to gain momentum into 2022. Drivers can expect more new electric vehicles to hit the market throughout the year from many different car brands. While we still expect Tesla to be a big player in the electric vehicle space, brands like Ford, Volkswagen, and Toyota all have plans to unveil new electric vehicles in the new year.
Not to mention, as the market continues to evolve, drivers should have an easier time finding electric vehicles that fit their needs—whether it’s electric cars suited for long drives, batteries that don’t need frequent charging, or just about anything else.
According to IHS Markit estimates, the electric vehicle market will grow 5% this year.
The electric car market is undeniably booming, and it’s likely because they provide benefits to both drivers and the environment. Here are some of the perks that come along with owning an electric vehicle:
Less money spent on fuel costs.
Better for the environment.
While more costly upfront, electric vehicles are easier to maintain and have less maintenance costs, according to
Alexandra Maloney is an insurance writer who specializes in vehicle rankings and basic insurance topics. Alexandra’s mission is to create articles that help car owners select the best vehicle and insurance coverage for their lifestyle, budget, and drive. Alexandra has written more than 300 articles for Jerry, ranging from vehicle safety topics to vehicle maintenance costs. Before joining Jerry, Alexandra studied journalism and business administration at the University of Richmond.