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The benefits of EVs and why you want to get on board in time

Posted 02/06/2023

The electric vehicle (EV) industry is experiencing unprecedented growth. Not only has the past decade witnessed an exponential increase, but it has also yielded significant economic benefits. EVs are more than a trend; they have evolved into a comprehensive lifestyle that prioritises sustainability. Whether you're a seasoned EV enthusiast or a newcomer, there are numerous innovative EV solutions to explore. Let's delve into three reasons why EVs are the future.

Save time, money, and effort with electric driving

While the initial purchase price of an electric car is often higher, the operating costs are lower. Reduced maintenance expenses and lower charging costs compared to traditional fuel ensure that you're not only driving green but also doing your wallet a favour.

When purchasing a fully electric car, either new or used, as a private individual in the Netherlands, you can apply for the SEPP subsidy. In 2024, this subsidy is set at €2.950 for new cars. The private leasing of an electric car is also eligible for the subsidy program. The subsidy is recalibrated annually, so the sooner you take advantage of it, the better. For business drivers and (European) companies, there are also numerous financial benefits that make electric driving more attractive..

Charging is simple

Charging your EV is as straightforward as it sounds! Worldwide charging stations are popping up left and right. By the end of 2022, there were 2,7 million public charging points globally, with more than 900.000 installed in 2022. An enormous increase comparable to the growth rate before the pandemic, namely 50% between 2015 and 2019. And having your own charger? That has become as normal as plugging in your smartphone. Companies like Blink make it even easier by installing user-friendly charging stations in convenient locations such as shopping centers and supermarkets, eliminating any worries about where to charge.

The sustainable revolution and global growth

Electric cars are not only good for you but also for the world. They reduce your ecological footprint and play a crucial role in the energy transition. In 2022, over 10 million electric cars were sold globally, and sales are expected to increase by 35% this year, reaching an estimated 14 million. This rapid growth means that the share of electric cars within the total car sales has risen from approximately 4% in 2020 to 14% in 2022. According to the latest forecasts from the IEA, this percentage is expected to further increase to 18% this year.

Major car manufacturers are heavily investing in greener technologies, making electric cars increasingly efficient. The result? A cleaner future and a green movement gaining momentum worldwide.

At Blink, we're also experiencing growth. In the third quarter of 2023, our revenue increased by 152%, totalling $43,4 million. We've secured, installed, or sold a whopping 5.956 charging stations worldwide, bringing our total to nearly 85.000. We continue to expand our presence in the United States, Latin America, Europe, and the Asia-Pacific region.

In short, electric vehicles are here to stay. Are you ready to be part of the EV movement? Click here to get in touch with our EV experts.