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Browsing: EV Adoption
The global electric car market is projected to grow from US$ 427.41 Bn in 2025 to US$ 1,982.76 Bn by 2032, at a CAGR of 24.5%
Electric vehicles have seen a significant increase in popularity in Connecticut over the past decade, with Fairfield County leading the charge. As of December 2024, 2.7% of all registered vehicles in the state are electric, with Weston and Westport having the highest percentages of EV ownership.
BloombergNEF’s annual outlook shows slowing EV adoption in the US due to policy changes, despite global sales records
Despite growing EV model availability, consumer interest remains low due to concerns about cost, charging infrastructure, and range anxiety
Research from Carnegie Mellon University’s Tepper School of Business suggests that investing in EV charging infrastructure is more effective than tax incentives for promoting electric vehicle adoption
A recent survey highlights the primary objections customers have when considering purchasing electric vehicles.
A Shell Plc survey reveals declining interest in electric vehicles among new drivers in the US and Europe, despite existing owners reporting increased satisfaction
The debate around electric cars continues in the UK, with proponents touting their benefits while others remain skeptical. A personal exploration of the pros and cons of electric vehicles.
The UK government is reviewing the £40,000 threshold for the Expensive Car Supplement (ECS), commonly known as the ‘luxury car tax,’ to potentially boost the electric vehicle market by alleviating financial burdens on EV buyers.
Chinese automaker BYD has introduced a new ultra-fast charging system that can provide 250 miles of range for an EV in just five minutes, potentially transforming the electric vehicle landscape.