By 2030, most cars on the road will be either a hybrid or electric vehicle.
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Bentley Flying Spur Hybrid; Credit: Bentley

2020 was an unprecedented year for many industries and the automotive industry, in particular, saw a 20% drop year-on-year but registration for electric and hybrid vehicles grew more than 137% as compared to 2019. In the realm of luxury cars, there is a trend that buyers are switching to hybrid or electric cars (EVs).

For example, in the first quarter of 2021, Porsche’s fully electric Taycan outperformed the Boxter, Cayman, and Panamera in terms of sales. It only lost out to the Macan and the Cayenne. Realising that the future of the automotive industry lies in the electrification of vehicles, more luxury car makers are seizing the opportunity to introduce new models or a modified version of their existing versions.
Porsche Taycan is the luxury car maker’s first full-electric vehicle; Image: Porsche

READ MORE: General Manager Henrik Dreier on whether the Porsche Taycan will live up to the legacy of the famed 911

Sustainability is now paramount

More than just a buzzword, sustainability is a topic that is continuously talked about across different industries including food, fashion, and cars. In the motoring world, Tesla is known for being a trailblazer where sustainability is concerned. The company entered the market less than a decade ago wi...