As the world moves towards a more sustainable future, many local car buyers are still undecided on whether to make the switch to electric vehicles (EVs). While the main advantage of EVs lies in their ability to reduce carbon footprint, conflicting and negative reports from around the globe have kept some consumers hesitant to choose these eco-friendly options as their primary mode of transportation.
It’s true that the manufacturing process of EVs can contribute to higher carbon emissions initially. However, this is often offset by the environmental benefits once the vehicles hit the road. In fact, a recent study showed that one in four cars sold worldwide last year was an EV, and the market is growing rapidly, especially in China, which is neck-and-neck with the US in EV production.
The number of electric cars on the road has increased exponentially in the past three years, with over 40 million EVs globally, nearly doubling from the 26 million sold worldwide in 2022. This is an encouraging trend, but local car buyers remain hesitant, primarily due to concerns about battery range and infrastructure limitations.
While EVs with ranges of 400 to 600 kilometers may seem impressive, their actual mileage can be affected by driving conditions and behaviors, such as heavy acceleration, which can quickly drain the battery. This is a factor that local buyers need to consider when evaluating their needs and driving patterns.
In a positive development, the Ayala Group, through its ACMobility division, is actively promoting electric transportation and expanding the charging station network in its various properties and establishments. ACMobility is leading the charge, with BYD – the world’s largest EV manufacturer – reportedly holding a 68% share of the local EV market.
As a private company takes the initiative to convince local car buyers of the benefits of electric vehicles, it’s clear that the country is headed towards a more electrified future. However, addressing the lingering concerns around battery range and infrastructure will be crucial in driving widespread adoption of EVs among the local population.
