EVs see record sales globally

Cioreviewindia | Wednesday, 05 September 2018, 07:11 IST

EVs see record sales globally

According to this post featured in CNBC, more than 750,000 electric cars were sold in 2016 and the global electric car stock grew to more than 2 million. For 2017, the data sees a staggering increase - over 1 million electric cars were sold in 2017. This trend is going to increase in upcoming years.

CARHP functions as an online autos information site that brings together in-depth reviews, ratings, comparisons and local listings for new and old cars. CarHP will cater to the US automobile market.

Still in its beta stage, CARHP  has an inventory that boasts a collection of over 2000 car reviews from 2016 to present.

CARHP is funded and incubated by Collegedunia.com - India’s foremost college search portal. With a team size of more than 20 people. CARHP is driven by young car enthusiasts with expertise in domains like - data analysis, market research, content writing and marketing. The team brings together talent which has a wealth of experience about the online automobile market.

The number of buyers who find their vehicle through online websites has been on a rise and demand for such websites that provide the complete information for the car buying journey is staggeringly low. Most of the websites manage to excel in only a single front. Either they are content-centric or they provide car specifications that by themselves don’t simplify the car buying process. These websites fail to provide a one-stop solution to the buyers.

At CARHP, we understand the each car buying journey is a highly personalized affair. The data used in our in-depth car reviews establishes transparency and helps the buyer to make a better decision. The car that is being reviewed is stacked against four closely matched competitors. In-depth tables which list out specifications are used along with reviews that accurately pit the car against the competition.

As people become more environmentally conscious, major motor manufacturers are making big changes. Every Volvo from 2019, for example, will have an electric motor, while Ford recently announced that it would increase its planned investments in electrification to $11 billion by 2022.

These vehicles significantly reduce the carbon footprint and ease the demand on consumption of fossil fuels as primary energy source. With a substantial number of models in pipeline from manufacturers like Audi, BMW, Ford, Honda and more. Also the production of cheaper and more efficient battery packs will be a push for the EVs are going to have a significant market share by 2025. At CarHP we advocate for usage of such vehicles in a extensive manner.