Electric vehicles- cars, trucks, and SUVs have already made major splashes in the automobile market. Along with frontrunners like Tesla, many companies have announced upcoming electric cars that may hit the road in the next five years. The average car owner is already taking the hit from the rising fuel prices and is looking forward to getting their hands on an EV vehicle.
The realization that EV is the future is what boosted the sales of electric cars, and more and more people are becoming EV owners every day. But the upfront cost of buying an electric car can deter some of those planning to switch from gas to EV.
Here you will see how and why electric car sales are boosting. You will also get a bonus list of the most exciting upcoming electric cars.
Are electric car sales increasing?
Electric vehicles include fully electric, partially electric, and hybrid vehicles, and sales of these variants are rising. The drastic change in EV sales comes at a time when the world is suffering an economic slump.
Overall, car sales hit a significant loss in the global market during the Covid-19 pandemic in 2020. But sales of electric cars rose by 43% on a global scale during this period. Rising fuel prices and the need for reducing pollution have caused this shift in thinking. But still, the number of fully electric cars in the US is below 1% of the entire car population.
In 2020, the market share of electrified cars in the United States was 17%, and that was just the start of a major achievement in the following year. One in six cars registered in 2021 was a plug-in electrified vehicle. This means that more electric cars were registered last year compared to the previous five years combined.
How long before all cars will be electric?
The point of looking into a list of upcoming electric cars is futile if you are not planning for the future. The rise in EV vehicle sales is not a passing fad, and the government is also supporting this switch.
President Joe Biden has already set a goal for half the new car sales to be hybrid, fuel cell, or electric vehicles in ten years. If this goal is achieved by 2030, then more than half of the cars on the road will be electric by 2050.
Even though this can be considered ambitious, there will be a considerable amount of electric cars in the next five to ten years. The switch to EVs will also help the US be carbon-neutral by 2050.
Which companies will have all-electric cars in the future?
Many upcoming electric cars announced by companies are pointing at a massive change in the automobile market in the coming years. Many of these companies have already publicly stated about a future in which they will only sell electric cars.
British Premium manufacturer Jaguar plans to sell only electric models from 2025, and Volvo has also followed suit by announcing the same goal from 2030. Another British sportscar brand Lotus is also in the race to sell only electric cars from 2028.
Additionally, Volkswagen, General Motors, and Ford have also started their journey to an electric-only future. With such a big investment coming from all over the market, you can expect some vital innovations in the EV car sector.
Why look into all upcoming electric cars?
As you just read about the rise of EV sales, this varies based on the upfront cost, government incentives, adoption rates, and other major factors. As time progresses, the EV sector will flourish if there is a positive change in the above factors.
One of the first hurdles for someone planning to buy electric cars is the purchase price. Most EV cars are still priced above their fuel or gas equivalents, which is why hybrid cars are selling more than fully electric variants. The reason for this high initial cost is linked to the battery packs inside the hood of the car.
The basic idea is that as technology improves, new and cheap battery packs will be introduced, which will increase efficiency and range. Companies, including Tesla and a few others, are already pumping millions into the research for a better battery system to power their upcoming models.
Apart from the price, driving range and charging infrastructure will improve widely in the days to come. This will see the prices of upcoming electric cars dropping compared to fuel-powered vehicles.
Will all upcoming electric cars be cheap?
Electric cars are also aimed at different sections of society. For example, a city dweller will not be bothered by the distance range of the electric car he is choosing. But for a family man, the upcoming 7 seater electric cars, which offer range and efficiency, will matter more.
The innovations in battery technology and the range of the vehicle will determine the price difference. Premium companies like Jaguar and Lotus will not be aiming for the general car owner anytime soon. Meanwhile, companies like Hyundai and Kia will be looking to capture that market in the coming years.
Upcoming electric cars in the US
Some of the best upcoming electric cars in 2022 include the Audi A6 E-Tron, Kia EV6, Ford F-150 Lightning, BMW i4 and iX, and a few others. These cars belong to different price brackets and are suitable for varying uses. So making a list of the top 10 upcoming electric cars is kind of difficult. But here are a few models that can take the market by storm, and maybe you will end up buying one of them.
Ford F-150 Lightning
The Ford F-150 Lightning comes with an estimated price tag of $40,000 approximately. There is no need to explain the popularity of the F series trucks in both US and Canada, and all the more reason to wait for this all-electric variant to come out in May 2022.
There are two battery options- the standard 230-mile range and the extended battery pack that can hit 300 miles. Ford has decided to keep the design the same with minor tweaks when it comes to looks.
Another flagship EV hitting the US roads in 2022 is the Kia EV6. With a tech electric architecture for stable charging, this beauty hits the 300 miles range on a single charge. The price tag on this model is expected to be between $40,000 and $55,000.
Kia EV6 has a build quality that is synonymous with the brand’s previous releases. If the rumors are correct, a GT version is coming up. Another Kia model that will hit the market is the 2023 Kia Niro EV, which might compete with brands like Nissan and Hyundai.
Expected to release in the Fall of 2022, the Mercedes-Benz EQE is one of the most anticipated EVs of this year. It boasts a super spacious cabin, and the car is generally smaller than the EQS flagship from Mercedes.
The estimated starting price lies around $80,000, and the estimated distance range is up to 370 miles. Mercedes added a Hyperscreen interface, an air suspension, and four-zone climate control on this upcoming luxury electric car.
The Ariya will be the first electric SUV from Nissan, which might release in late 2022. The base price will start from $46,000, and there will be two battery options. Apart from the standard and long-range battery variants, you can also select between a front or all-wheel drive.
Nissan Ariya comes with a large infotainment system and other driver assistance features. This upcoming electric car also has Android Auto and Apple CarPlay compatibility. The long-range battery variant with front-wheel drive can reach a maximum range of 300 miles.
Priced between $40,000 and $50,000, the Subaru Solterra is the brand’s first electric vehicle. With an all-wheel-drive system, Subaru aims to deliver a car that is suitable for both city commuters and adventurers.
It comes with active safety features and adaptive cruise control. The safe exit assist is there to make you aware of approaching cars while getting out. With a 222 mile estimated range, the Solterra is a car to look forward to.