The vehicles have moved from a niche choice to a mainstream one.
Incentivizing consumers to switch is one of the policies enacted by governments. California and New York will require all new cars, trucks, and SUVs to be zero-emissions by 2035, and the EU had nearly finalized a similar rule.
Setting up supply chains, building manufacturing capacity, and releasing more models with better performance are some of the things auto companies are doing.
The Hongguang Mini, a tiny car that starts a little below $5,000, has become the best-selling electric vehicle in the world.
EV sales in India tripled over the last year thanks to a growing line-up of two- and three-wheelers from Hero Electric, Ather, and other companies. The Chevy Bolt, for example, is bringing more Americans into the electric fold.
The vehicles need to become cheaper. It needs to be more convenient to charge. There will be a surge in vehicle charging. It will take a lot of time and effort to make enough batteries. The heyday of the gas-guzzler is no longer going strong.