The global auto market is entering a major turning point. Gasoline only vehicles now represent less than half of new vehicle sales worldwide, while EVs, hybrids, new charging technology and completely different ways of using electric cars are changing what buyers expect.
In this EV roundup, we look at the biggest developments shaping the electric car market right now.
00:00 The global EV market crosses a major milestone
01:05 Gasoline only vehicles fall below half of global new car sales
02:30 Kia EV3 shows what an affordable EV can offer
04:01 Jaguar takes a different approach to luxury and brand identity
05:34 Tesla Model 3 and Model Y can become part of a home backup system
06:50 Honda explores wireless EV charging on roads
08:29 Lucid cuts production as it works to control inventory
09:51 Renault reimagines the Espace as an electric family vehicle
11:19 Russia's EV and plug in hybrid share passes the U.S. comparison
12:58 What really matters when buying an EV
13:26 The charging speed mistake EV buyers should avoid
14:00 Final EV market takeaway
The Kia EV3 shows how affordable EVs can combine practical range, efficiency and crossover utility, while Tesla's PowerShare Home Backup demonstrates how an EV battery can become part of a home's energy system.
Meanwhile, wireless charging technology could eventually allow electric vehicles, especially commercial trucks and buses, to receive power while driving. Lucid's production strategy highlights another side of the EV transition: strong technology does not automatically mean strong demand or healthy inventory.
The Renault Espace concept shows how electric platforms can rethink the traditional family vehicle, while Russia's rising EV and plug in hybrid share demonstrates that EV adoption can be driven by many different factors, including fuel availability and operating costs.
And if you're shopping for an EV, don't judge a vehicle only by its advertised range or peak charging speed. Look at efficiency, real world charging performance, charging infrastructure along your routes and useful features such as vehicle to home capability.
The practical EV buying tip from this roundup: compare how much usable driving range a vehicle can actually add during a typical fifteen or twenty minute charging stop, not just its maximum advertised charging power.
Which EV development do you think will have the biggest impact: cheaper electric cars, vehicle to home power, wireless highway charging, or the continued decline of gasoline only vehicles? Let us know in the comments.
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