article thumbnail

Brattle Group: electric power sector investments of $75B – $125B needed to support projected 20M EVs in US by 2030

Green Car Congress

Electric vehicles (EVs) will be a major disruptor for the US electric power sector, with the number of EVs in the US projected to increase from 1.5 While this creates a large opportunity for the electricity industry to increase sales and infrastructure investments, it also comes with new challenges that will need to be addressed.

Power 243