The popularity and sales of electric cars is slowly declining. In the last quarter of last year, more than 4 lakh 84 thousand electric cars were sold, but in the first quarter of this year, 3 lakh 86 thousand electric cars were sold. As a result, Tesla's car sales have decreased compared to last year. On the other hand, Chinese electric car maker BYD's cars have also seen lower sales this year. In the last quarter of last year, the company sold 526,000 cars, but in the first quarter of this year, the company sold about 300,000 cars.

This is Xiaomi's car

German automaker Volkswagen has been under pressure due to declining sales of electric vehicles. The company sold 239,000 electric cars in the last quarter of last year, but only 136,000 cars were sold in the first quarter of this year. Volkswagen has been forced to close three of its factories due to reduced demand for electric cars. Many companies have reduced production of electric cars in factories.

Several companies including Aston Martin, Bentley, Range Rover, Toyota manufacture electric cars in the UK. Volkswagen has closed three factories and laid off workers. Market analysts believe that more than 400,000 people will lose their jobs if the electric car industry collapses in the UK. As with any emerging technology, the electric vehicle industry still faces many pitfalls. The charging facility of these vehicles is not yet universal. Worries about running out of charge while travelling. Due to these reasons, the sales demand is decreasing.