More Drivers Prefer Using EVs than Gas-Powered Cars From Toyota, Honda, and More

Joseph Henry, Tech Times 01 December 2022, 05:12 am

Electric vehicle demand keeps on booming as 2023 nears. The entire auto industry is making huge strides in development as many people ditch traditional car models.

Indeed, it's a cycle of preference and adoption when it comes to favoring EVs over gas-powered vehicles.

While it's true that Tesla remains undisputed when it comes to the auto sector, several car makers are slowly catching up in the EV market.

Electric Vehicles Are Surpassing Gas-Powered Cars

EV Adoption is Booming as More Owners Ditch Gas Cars

(Photo : Robert Linder from Unsplash)

Everyone knows that Tesla, right from the get-go, has established its name in the field of electric vehicles in the United States.

There was a time that it was considered a monopoly of EV supplies across the continent. However, things have already changed and some companies are catching up with this trend.

Of course, when other EV manufacturers start to produce their own cars, the market share becomes divided and loss becomes evident to some extent.

According to SP Global's recent data, the first nine months of 2022 heavily favored Tesla. In the US alone, there were 340,000 Tesla car models. As a reference, there are 525,000 registered EVs in the region for this year.

As new car owners switch preferences from gas-operated vehicles, the EV market share resulted in a 6% growth of Tesla for the previous quarter. Last year, the automaker only managed to reach 2.2 during the same quarter.

What Cars Do Owners Trade For EVs

Since electric vehicles have overtaken the market, some previous owners of traditional cars are now looking to purchase cheaper EVs in some shops.

Honda and Toyota, for instance, noticed a decline in the number of car owners over the past year. To help you understand the relationship between electric cars and gas cars, take a look at this list.

Electrek reports that customers trade the following gas cars:

Lexus RX
Honda CR-V
Toyota RAV4
Honda Odyssey
Honda Accord

For: Tesla Model Y

Honda Civic
Honda Accord
Toyota Camry
Toyota RAV4
Honda CR-V

For: Tesla Model 3

Toyota RAV4
Honda CR-V
Jeep Wrangler

For: Ford Mustang Mach-E

ToyotaRAV4
Honda CR-V
Toyota Prius

For: Chevrolet Bolt EV or EUV

Toyota RAV4
Honda CR-V
Mazda CX-5
Subaru Forester

For: Hyundai IONIQ5

The data only shows that more people are convinced to invest in all-electric alternatives from Tesla, GM, Hyundai, and Ford. In short, the transition from gas cars to EVs is very quick.

The rapid shift in customer preference will only mean that more buyers show a willingness to switch to EVs without any hesitation.