People are definitely interested in buying EVs, but upfront cost is one of the top reasons they don’t follow through. It makes sense except for one critical fact: Most people never pay cash for new vehicles. Instead, 85% of new cars are financed.
The EV Revolution
The electric vehicle revolution is here, and the Protocol climate team is bringing you everything you need to know. While just a small sliver of the public currently owns an electric vehicle, plenty of people are EV-curious. In fact, more than one-third of U.S. adults would at least consider an all-electric vehicle. EV adoption might be faster than has been forecasted: battery-powered EVs will amount to 20% of global sales by 2025 and 59% by 2035.
EV adoption
charging
Standards could help bring down the cost of EV charging, but billions of dollars are still needed to build the Biden administration’s dream …
The charging network is expanding alongside the EV market. And it’s poised for a growth spurt. His decisions on major cryptocurrency cases have quoted …
For years, electric vehicle charging has been a proprietary patchwork. But that could be about to change. His decisions on major cryptocurrency cases …
Market growth
IRL EVs
Here's a firsthand look at what it's like to drive the EV600 made by BrightDrop, the company aiming to electrify the last mile for deliveries. His …
The racing series has become a testbed for EV technology, which has taken major leaps forward since its inception. His decisions on major …