- Consumers are increasingly focused on climate change and transitioning to lower carbon energy, but concerns about battery disposal and especially the high initial cost of EVs persist.
- Some observers have suggested that record-high gasoline prices could compel consumers to switch from carbon-powered vehicles to EVs.
- Many consumers may have been considering an EV for reasons such as environmental concerns, futuristic style or performance, but the math may now be close enough for them to plug into an EV.
For further details see:
Could Gas Prices Influence EV Trends?