Accelerating the Adoption of Electric Vehicles (EVs)
Electric vehicles (EVs) use a combination of an electric motor and battery to power traditional combustion-engine vehicles without producing any emissions. The energy for the electric motor and battery comes from electricity that is generated by a variety of sources, including fossil fuels, nuclear power, renewables such as solar and wind, or a combination of those.
EVs have the potential to e.v. transform the automotive industry, decarbonize passenger transportation and reduce our dependence on foreign oil. They are a great choice for people who want to go green with their cars, trucks, and SUVs, as well as those who need to make long-distance trips.
EV Trends: What to Expect in the Future
EV technology is evolving quickly, and many manufacturers are offering a wide selection of models and prices to meet the needs of diverse consumers. However, the cost of the vehicle’s biggest component—the battery—is the most significant barrier to adoption. As battery manufacturing scales up, costs are expected to fall.
As a result, more Americans are expected to make the switch to an EV by 2030. To accelerate this trend, the Federal government provides resources to support EV production, purchase and charging station infrastructure.
For example, the EV Acceleration Challenge is helping to create good-paying jobs and bring back EV production to America, and Federal incentives are fostering private sector investments of record amounts in EV batteries and electric vehicles. Several companies, nonprofits, and public institutions—including Sustainable CT, Virginia Clean Cities, the National Automobile Dealers Association, Pacific Gas & Electric, Qmerit, and Uber—have committed to expanding their fleets of EVs and supporting consumer education and infrastructure expansion, including in rural communities.
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