In Europe and the United States, electric vehicles will gradually replace fuel vehicles

As people's environmental awareness increases and global oil prices rise, electric vehicles will become more popular than fuel vehicles, especially in the United States and European countries, where electric vehicles are very likely to replace fuel vehicles.

It is understood that in 2017, Coltura's co-executive director Matthew Metz published a column calling for Washington State to completely eliminate gasoline-powered vehicles.

A lot has changed in the four years since then . Tesla is now the world's most valuable automaker, and several automakers have said they will stop making gasoline and diesel-powered cars within the next 20 years.

What was once a fringe idea is now part of a global trend: The idea that zero-emission vehicles, primarily electric, are the future of the automotive industry is building momentum.

In the U.S., the federal government has not embraced a full phase-out, requiring 50% of new car sales to be electric. But California, Massachusetts and New York have all enacted plans to end gas-powered car sales within 15 years.

A recent poll commissioned by Coltura and conducted by a well-respected national polling organization found that more than 50% of American voters support requiring all new cars to be electric within a decade.

One consumer said that the function of a car is more important than its power. Although he has bought a fuel car now, he now hopes that he will eventually buy an electric car.

Achieve "zero emission" for new cars and trucks sold in major automobile markets and phase out fuel vehicles by 2040. This once again provides strong support for the electric vehicle market, which represents the direction of clean energy development.

In Europe, the EU 2020 strategic goals have encouraged policymakers to provide incentives for low-carbon vehicles, especially electric two-wheelers. Therefore, these tax- and subsidy-related incentives are expected to encourage electric vehicle market demand in Europe, leading to higher unit shipments and revenues .

The demand for high-power electric motorcycles is rapidly increasing across Europe. The increasing adoption of electric high-power motorcycles among consumers is expected to be a significant trend during the forecast period.

The entire market is also now severely disrupted by factors such as the chip shortage , which has hampered registrations for most OEMs. The chip shortage has benefited smaller automakers such as Tesla (+114% year-on-year), the all-electric Smart (+5%) and the highly electrified Porsche (+13%).

The phasing out of gas-powered cars by 2035 (a date the EU and many countries are considering) may feel far away, which may help explain why people are lukewarm about these policies.

Automakers are increasingly accepting of the idea that electric vehicles are the future, but they are also acutely aware of the scale of change involved, and there is no consensus on how quickly it can actually happen.

Environmentalists are pushing for a phase-out of gasoline-powered vehicles as early as 2030, while some skeptical automakers say even 2040 is too ambitious.

Electric vehicle market in Europe and the United States