The Switch to Electric Vehicles Was Always Going to Be a Slog
10 months, 3 weeks ago

The Switch to Electric Vehicles Was Always Going to Be a Slog

Wired  

In hindsight, no one said it would be easy. The Chinese and Swedish electric automaker Polestar cut staff, citing “challenging market conditions.” The rental company Hertz is ditching a hefty chunk of its electric vehicle fleet. “The transition is happening,” says Corey Cantor, the electric vehicles senior associate at the research firm BloombergNEF. Now it’s about whether automakers meet their targets.” Cantor and colleagues forecast late last year that the US would see somewhere between 1.6 million and 2.1 million new battery-electric and plug-in hybrid vehicle sales in 2024. Globally, the research firm projects 16.7 million electric vehicle sales this year—22 percent more than last year.

History of this topic

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Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing
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