Will Rising Gas Prices Create A Surge Of Electric Car Sales?
A future where everyone converts to electrical, or hybrid transportation may come sooner than you think. With rising fuel costs, advanced automotive technologies , and changes in legislation, there is a shift trending with car manufacturer’s inventory. Those who don’t get on board and convert their fossil burning cars over to electrical will likely be left behind and could face financial hardships or bankruptcy. We have compiled a partial list of auto manufacturers who have already gotten on board and pledge to have their entire fleet replaced with zero emissions by 2040. American Honda Motor Company – Honda has jointly partnered with Japanese technology company, Sony, and will launch their first electric car together in 2025. Honda Motor Company has further announced that 40% of their car sales will be completely electrical by 2030 and 80% will make up their inventory by 2035. By 2040, fuel burning cars will no longer be manufactured by Honda. BMW – BMW o...