A new study from France has revealed global sales of hybrids and electric cars have jumped by 80 percent last year compared to 2014.
Conducted by Avere-France, the national association for the development of electric mobility, the study reveals alternatively-powered cars are gaining more and more traction among buyers. In only four years, the number of rechargeable cars (hybrids/plug-in hybrids and EVs) has increased 11 times, from about 50,000 to more than 565,000.
China is a contributing factor for the sales hike, showing an increase from only 5,200 rechargeable vehicles in 2011 to 214,283 units in 2015, up 41 times. The tremendous boost in popularity means China now holds about 38 percent of the global market compared to 2011 when it had only a 10-percent share.
The second biggest market for hybrids and electric vehicles is Western Europe where 184,500 "green" cars were sold last year, meaning deliveries of electrified cars increased 13 times compared to 2011.
As far as United States is concerned, sales of PHEVs and EVs suffered a decline of three percent last year to 115,262 units compared to 2014 when Americans bought 118,882 cars. That shouldn’t come as a big surprise taking into account a study conducted by the American Automobile Association revealed drivers in United States paid an average price of $2.40 per gallon last year, down by about 94 cents compared to 2014. And with gas prices dipping below the $1 mark at the beginning of this year, the prognosis for sales of alternatively-powered vehicles doesn’t look so great in U.S.
Lastly, the study also analyzed the Canadian market where sales of electrified cars jumped by 247 percent in 2015, from the 1,521 units sold in 2014 to 5,284 cars last year.