The EV Evolution: A Messy Middle

• Contrary to what you may have heard, electric vehicle sales are up.
• Tesla sales are down, Ford is scaling back, and GM is delaying an electric truck.
• JD Power projects 1.2 million EVs will be sold in the US by the end of 2024.
• Hybride vehicles are cannibalizing pure EV sales, addressing range anxiety.
• EVs are still too expensive, with an average price of $56,520 compared to $48,401 for gas cars.
• The charging experience varies greatly, but public satisfaction is growing with investments in infrastructure.

Source: The Verge