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Top Factors Affecting EV Adoption

EV Connect

Industry experts predict that electric vehicles (EV) will account for 40% of car sales by 2030. Yet for all the optimism around the electric vehicle adoption rate, certain human, structural and environmental factors still dictate the pace. Of the 289 million cars registered on US roads, barely 2 million are electric.

Charging 106
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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

Electric grids require balance in order to function properly. Energy storage technologies represent an alternative to traditional grid management using generation assets such as natural gas peakers to balance the grid by adding power to it. Earlier post.). Energy storage on the grid is reaching a turning point. 2010 vs 2011 forecasts.