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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

DECEMBER 18, 2022

Massachusetts, for example, has set a goal of at least 750,000 to 1 million EVs on the road by 2030; it currently has some 51,000, of which 31,000 are battery electric. South Korean auto companies Hyundai Motors and Kia are already blaming drops in their U.S. Volkswagen’s ID.4 Volkswagen of America, Inc.

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Convincing Consumers To Buy EVs

Cars That Think

JANUARY 23, 2023

Interestingly, a 2019 Massachusetts Institute of Technology (MIT) study predicted that as EVs became more widespread, battery prices would climb because the demand for lithium and other battery metals would rise sharply. Volvo CEO Jim Rowan , disagrees with both of them, however, seeing ICE-EV price parity coming by 2025-2026.

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