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Electric cars and their impact on the automotive industry

by PREMIUM.CAT
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A new era for cars

Many years ago, some manufacturers, such as Porsche, started betting on electric cars. This new technology promised to change the auto industry, but sales figures show that the adoption of electric cars has been slower than expected. However, 2023 was a record year for electric car sales, with the Tesla Model Y as the best-selling model globally. However, sales figures for electric cars in 2024 have declined compared to the previous year, which worries manufacturers.

The support of the Spanish government

The Spanish government has announced that it will continue the MOVES Plan until December 31, 2023. This plan provides government aid to increase sales of cars with the DGT’s ZERO label. This news has been received with joy by manufacturers, as they hope that this government support will help boost sales of electric cars (https://correccioencatala.cat/com-estructura-text-catala/).

The change in the second-hand car market

An interesting trend that has been observed recently is the change in the used car market. Electric cars used to have a higher price than combustion cars, but now the average price of electric cars is lower than the average price of combustion cars. This has led many people to consider the option of buying a used electric car, as it is now more affordable (https://correccioencatala.cat/com-estructura-text-catala/).

The change of opinion of consumers

One of the factors that has contributed to this change in the market is the change in consumer opinion. Before, many people were willing to pay more for an electric car for its innovative technology. However, many consumers now see the electric motor as a drawback, as the charging infrastructure is still not sufficiently developed in many countries, including ours. This has made many people prefer to buy a combustion car to avoid the possible problems related to charging the electric car (https://correccioencatala.cat/com-estructura-text-catala/).

A new opportunity for luxury cars

This shift in the market has also created a new opportunity for luxury cars like the Porsche Taycan. In the past, buying a Porsche with a combustion engine was more expensive than buying a used Porsche Taycan. However, it is now possible to acquire a used Porsche Taycan at a more affordable price than a Porsche with a combustion engine. This is a significant change that had not been seen a few years ago (https://correccioencatala.cat/com-estructura-text-catala/).

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