Electric Vehicle Distribution among Demographics in 2025
The growth of electric car segment is a hugely discussed topic in the automobile industry. As one of the hottest technology innovation, people love to see the outcome of electric vehicle revolution. Connected with autonomy, sharing, and more, electrification of vehicles is a significant step every car maker putting their feet heavily in the recent years. Similarly, governments across the world encourage the new move in an attempt to contribute to the carbon footprint efforts in the transportation.
A recent survey conducted among the Twitter accounts revealed some interesting facts. The survey targeted on what could be industry segmentation in 2025. Interestingly, it is just another model cycle from the 2019 and 2020 vehicles, which are already moving into the production cycle by the latest reports. 70% of the respondents said that China would be the largest market for electric vehicles by 2025. Interestingly, Europe stood second with a far behind the approval of 21%.
Additionally, North America was found to be even lower on the list with just 5% votes. The low vote for North America was clearly describing the challenges the electric segment facing especially in the land of long travels including cheap gasoline, large vehicles including trucks, and more. Japan was listed as last in the polling with just 4% votes, though it was long heard as the land of hybrid cars. While China is listed as the top destination for electric vehicles, it is yet to see how things are going to play out.
Though it is yet to see a clear implementation or trend in the Chinese industry, the most promising factor for the Chinese automakers is they would use the advancement of other countries for their growth. You should also note that the Twitter polls would not actually drive the clear picture of future as it not scientifically valid since the survey is conducted on a small sample size and preferences of the participants do not give an exact opinion.