EVs Reaching A Tipping Point In The U.S., Could Make Up A Quarter Of Sales By 2025 | Carscoops carscoops
, as only early adopters are willing to deal with the inconveniences of a new technology. Then, a switch flips and suddenly nearly everyone buys in to the new tech – this was the path followed by the internet, smartphones, TV, LED lightbulbs, and countless others.a lot of infrastructure
to operate, and that made EVs less convenient than internal combustion vehicles at first. As more and more people adopt the technology, though, the infrastructure becomes more robust and, according to the analysis, five percent seems to be the point at which mainstream buyers opt in to the EV market and overtake early adopters.
Adoption also depends on supply, and it turns out that automakers have a tipping point, too. In Europe, once 10 percent of an automaker’s quarterly sales go electric, it only takes two years for the share of EVs to triple. Government incentives and support have also been a necessary factor in every country that has crossed the EV tipping point. Under President Joe Biden, the U.S. has made large strides towards electrification, with the administration calling for EVs to make up half of new vehicles by 2030.
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