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U.S. EV adoption is happening faster than anticipated

Teslarati

He added that battery electric vehicles cost too much and that the infrastructure isn’t ready for recharging the batteries away from home. “I And even if you were ready to purchase one, and if you could afford it … they’re still too high,” Hollis said. I don’t think the market is ready. I don’t think the infrastructure is ready.

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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

Green Car Congress

Although lithium-ion cell and pack costs are expected to fall sharply by 2020, they are unlikely to drop enough to support widespread adoption of fully electric vehicles without a major breakthrough in battery technology, according to a new study by The Boston Consulting Group (BCG).