How To Grow Cars With Plugs

Electric Vehicles Are on the Rise: Here’s How to Sustain Their Growth

Peter Rejcek, April 30, 2017 (SingularityHub)

“The struggle for electric vehicles to gain legitimacy in a world dominated by supersized SUVs and overbearing big rigs is something of a David and Goliath story…[but Tesla just] became the most valuable automaker in the US, passing General Motors in total market value…It would seem to be no coincidence that at a time when electric vehicles appear poised for widespread adoption, solar and renewable energy have become cheaper than coal…There are only about 540,000 EVs on US roads today…[but] the Model 3 alone promises to nearly double the number of electric vehicles (including hybrids)…[However, there were more than 260 million vehicles in the US as of 2014…[so] EVs will still account for less than one percent of all vehicles…[For EVs to reach a market share of 30 percent or greater by 2030, there needs to be ] radical shifts in environmental and regulatory policy…There are very few places where such policies exist…” click here for more

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