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How popular are electric cars?

I know there’s been a lot of buzz around electric cars the past few years, but are they really catching on? How popular are electric cars actually?

avatar
Allison Stone · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The excitement around
electric cars
goes deeper than just fanfare around new technology. The growing interest in electric vehicles is part of a global movement to make life more
sustainable
.
While you may not know many people personally who drive electric cars or see very many on the roads, their popularity is increasing exponentially year-over-year.
By June 2022, economists estimate that of the approximate 1.446 billion passenger cars on the road globally, 20 million of those will be plug-in electric vehicles. That’s a huge increase from 2016, when there were just one million.
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