14 DAY TRIAL // Research firm IHS has recently published a report saying that, when compared to the year 2013, the number of electric vehicles set to be produced on a global scale in 2014 will be about 67% greater.
More precisely, the production of both pure electric models and plug-in hybrid electric vehicles is expected to up from little over 242,000 to roughly 403,000 this year.
According to Tree Hugger, this boom in the global electric vehicle production will chiefly be due to new and fairly strict emission standards implemented in Europe.
However, having new models hit the market, together with a drop in the average electric vehicle's price, is to also have a say in the matter.
“European emissions standards are tightening in the second half of this year with the implementation of the European Commission’s Euro 6 legislation,” explains specialist Ben Scott.
“At the same time, European automakers are introducing compelling new EV models, such as the BMW i3. These factors will boost EV demand and manufacturing in Europe in 2014,” he adds.
The IHS report also predicts that, although most electric vehicle owners choose to charge their four-wheelers at home, some 35,000 charging stations for such environmentally friendly vehicles will be installed around the world by the end of the year.