What’s Stopping Electric Vehicles From Taking Over : A Retrospective Analysis

What’s Stopping Electric Vehicles From Taking Over : A Retrospective Analysis

MANILA: Yes, electric and hybrid vehicles have certainly seen a lot of demand lately due to a number of reasons. Vehicles with electric drivetrain are not only far more fuel efficient than your standard gas guzzler (petrol/diesel cars) but also pose a much lower threat to the beloved atmosphere. We’ve been hearing a lot of environmentalist rage since a couple of years, as we experience continuous erratic weather patterns, with news about hurricanes, droughts and tropical storms all across the globe.

This has led to a global outrage against automobile emission and the automotive industry’s overdependence on fossil fuel that leads to global warming. As a result, we saw a phenomenal industrial shift with the adoption of alternative energy sources and the rise of electric powered passenger vehicles. Despite the various new electric/hybrid vehicles being revealed every month, the market for these cars is moving at a really sluggish pace in other regions. The reality is certainly quite contrary as petrol and diesel driven vehicles see an even higher demand in other regions. But what has led to this strange reaction from the automotive buyers in the globe? Let’s take a closer look.

US Cheap Gas

1. US and UK Success Is a Sham

You cannot hope to have a successful market for electric vehicles when the gas prices are as low as USD 1.50/gallon. Electric vehicles might be extremely fuel efficient and can provide more miles, but with such low gas prices, there’s no reason why the average consumer would find the necessity for such a shift.

Gas vs Elec

2. Electricity Isn’t As Available As Gas

It would be easy to think that buying an electric vehicle would solve a lot of problems with refueling, but in reality, it is much harder to find a charging station as compared to a gas station. The low crude oil prices and lack of charging stations for electric/hybrid vehicles is one of the major reasons why people refrain from buying such vehicles.

Expensive electric

3. Electric Vehicles Are For The Rich

Like how every new Apple product is sold at an exorbitant price, same is the case when it comes to electric/hybrid vehicles. It would certainly be logical to sell the product at an affordable price if you’re looking to attract more buyers. But that certainly doesn’t seem to be logical enough for most automotive manufacturers across the globe as electric/hybrid vehicles continue to bear premium price tags. One surely can’t trust anyone in this capitalist world!

Green govt

4. Oxymoronic Government Policies

No matter how much we try, but increasing taxes on electric engines further hampers their sales. While the government keeps strict tabs on vehicular emission levels and try to promote the use of clean energy, most authorities categorize electric cars in the same vein as luxury cars. As a result these vehicles are always sold at higher prices treating their more efficient engine like it was a start/stop button.

But when we talk about the real figures less than 500,000 electric vehicles were sold globally last year, quite contrary to the industrial prediction of a million units. This has turned into a major problem for the automotive industry as buyers and markets continue to resist this much-needed change. The future is certainly ‘Electric’ and we’d love to get electrified, provided these above loopholes are patched.

Zigwheels PH Team

Zigwheels PH Team

The Zigwheels editorial team abreast auto enthusiasts with the latest happening and additions of the auto world. Zigwheels.ph is 24/7 monitored and any update in the auto arena gets immediately reflected on the portal. The site gives full information about new and used cars, both brand, and budget wise. Further easing your choice is the comparison tool that is fully committed to buyers need.

Read Full Bio

Sell your car at the best price

Verified and genuine buyers Verified and genuine buyers
Free listing Free listing
List your car

Toyota Car Models

  • Toyota Hilux
    Toyota Hilux
  • Toyota Raize
    Toyota Raize
  • Toyota Vios
    Toyota Vios
  • Toyota Wigo
    Toyota Wigo
  • Toyota Avanza
    Toyota Avanza
  • Toyota Rush
    Toyota Rush
  • Toyota Innova
    Toyota Innova
  • Toyota Hiace
    Toyota Hiace
  • Toyota Fortuner
    Toyota Fortuner
  • Toyota Veloz
    Toyota Veloz
Toyota Cars Price

PIMS 2024

You might also be interested in

  • News
  • Featured Stories
  • Upcoming
  • Geely Coolray 2024
    Geely Coolray 2024
    ₱1.199 - 1.299 Million Expected Price Manila
    Expected Launch TBA Alert Me When Launched
  • Kia Carens 2024
    Kia Carens 2024
    ₱1.57 Million Expected Price Manila
    Expected Launch Nov, 2024 Alert Me When Launched
  • Toyota Vios 2024
    Toyota Vios 2024
    ₱832,000 Expected Price Manila
    Expected Launch TBA Alert Me When Launched
  • Omoda E5 ev
    Omoda E5
    ₱1.9 Million Expected Price Manila
    Expected Launch Nov, 2024 Alert Me When Launched
  • MG ZS 2024
    MG ZS 2024
    ₱1.049 Million Expected Price Manila
    Expected Launch Nov, 2024 Alert Me When Launched

Latest Toyota Prius Car Videos on Zigwheels

Zigwheels
  • Toyota Prius Review
    Toyota Prius Review
    05 Sep, 2016 . 97K views
  • Toyota Prius Review and Road Test
    Toyota Prius Review and Road Test
    05 Sep, 2016 . 143K views
  • New Toyota Prius review we test the love it or hate it hybrid
    New Toyota Prius review we test the love it or hate it hybrid
    05 Sep, 2016 . 118K views
  • Toyota Prius Review First Drive
    Toyota Prius Review First Drive
    05 Sep, 2016 . 194K views
Watch Toyota Prius Car Videos

Trending Sedan

  • Upcoming
  • Toyota Vios 2024
    Toyota Vios 2024
    ₱832,000 Expected Price Manila
    Expected Launch TBA Alert Me When Launched
  • Hycan A06 Plus ev
    Hycan A06 Plus
    ₱1.788 Million Expected Price Manila
    Expected Launch TBA Alert Me When Launched
  • Subaru Impreza 2024
    Subaru Impreza 2024
    ₱1.908 Million Expected Price Manila
    Expected Launch Dec, 2024 Alert Me When Launched
  • Honda Civic RS phev
    Honda Civic RS
    Price coming soon
    Expected Launch Dec, 2024 Alert Me When Launched
Upcoming Sedan Cars

Toyota Prius Car Articles From Carmudi

  • journal
  • advice
  • financing
  • insurance
  • Firms to implement price hikes on diesel, kerosene, cut on gasoline
    Firms to implement price hikes on diesel, kerosene, cut on gasoline
    Ruben Manahan IV, Nov 04, 2024
  • 2024 PIMS draws 42K attendees
    2024 PIMS draws 42K attendees
    Ruben Manahan IV, Nov 04, 2024
  • Hyundai Motor PH, ANC+ Group forge alliance
    Hyundai Motor PH, ANC+ Group forge alliance
    Ruben Manahan IV, Nov 04, 2024
  • Inchcape to update Ram 1500 Rebel in PH
    Inchcape to update Ram 1500 Rebel in PH
    Paulo Papa, Oct 31, 2024
  • Suzuki PH offers helping hand to Typhoon Kristine-hit customers with special discounts
    Suzuki PH offers helping hand to Typhoon Kristine-hit customers with special discounts
    Paulo Papa, Oct 31, 2024
  • Buying a used car in the Philippines? Here’s how to dodge scams
    Buying a used car in the Philippines? Here’s how to dodge scams
    Carmudi PH, Oct 16, 2024
  • All you need to know about seatbelts: Rules, penalties, & more
    All you need to know about seatbelts: Rules, penalties, & more
    Carmudi PH, Oct 14, 2024
  • Need help accessing your LTMS account? Here’s how you can recover it
    Need help accessing your LTMS account? Here’s how you can recover it
    Carmudi PH, Oct 09, 2024
  • Surviving the monsoon: 7 Best practices for driving in low visibility
    Surviving the monsoon: 7 Best practices for driving in low visibility
    Carmudi PH, Oct 07, 2024
  • Changing the clutch type: Here's how you can modify your driver's license
    Changing the clutch type: Here's how you can modify your driver's license
    Carmudi PH, Oct 04, 2024
  • Top 15 banks for affordable car loans in the Philippines
    Top 15 banks for affordable car loans in the Philippines
    Carmudi PH, Oct 10, 2024
  • Car loans made simple for OFWs: Everything you need to know
    Car loans made simple for OFWs: Everything you need to know
    Carmudi PH, Oct 03, 2024
  • Car Loan Restructure: Everything a Filipino needs to know before applying
    Car Loan Restructure: Everything a Filipino needs to know before applying
    Carmudi PH, Oct 02, 2024
  • Pitfalls to avoid when refinancing auto loan in the Philippines
    Pitfalls to avoid when refinancing auto loan in the Philippines
    Carmudi PH, Sep 24, 2024
  • Car loan scams in the Philippines: Applicants be aware
    Car loan scams in the Philippines: Applicants be aware
    Carmudi PH, Sep 19, 2024
  • No car insurance? Here’s what all wrong can happen in the Philippines
    No car insurance? Here’s what all wrong can happen in the Philippines
    Carmudi PH, Oct 29, 2024
  • All you need to know about taking photos after a car accident in the Philippines
    All you need to know about taking photos after a car accident in the Philippines
    Carmudi PH, Oct 29, 2024
  • Here’s how to easily obtain car insurance quotes online
    Here’s how to easily obtain car insurance quotes online
    Carmudi PH, Oct 23, 2024
  • Modified car insurance in the Philippines: All you need to know
    Modified car insurance in the Philippines: All you need to know
    Carmudi PH, Oct 21, 2024
  • 8 Must-ask questions before buying car insurance
    8 Must-ask questions before buying car insurance
    Carmudi PH, Oct 18, 2024

Compare

You can add 3 variants maximum*