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The US Needs 20 Times More EV Charging Stations by 2030… Or Else

Blink Charging

According to the Bureau of Transportation Statistics , electric vehicle sales, including plug-in hybrid electric (PHEV) and battery electric vehicles (BEV), increased from just over 17,000 in 2011 to 632,883 in 2021. In fact, BEVs accounted for 3.2% of the total light-duty vehicle market in 2021!

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The Global Outlook of Electric Vehicles

Blink Charging

Perhaps nothing illustrates the rise of electric vehicles over the past decade more than this statistic: In 2012, the total number of electric vehicles (EVs) sold in the entire world was 120,000. The federal US government has expanded its electric vehicle tax credits for new and used EVs.

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Top Factors Affecting EV Adoption

EV Connect

Incentives and restrictions The extension of the light-duty EV tax credit through 2032 locks in generous savings for consumers in the short term. The 200,000 vehicle cap on manufacturers has also been lifted, while credits have been extended to used and commercial EVs.

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Market Update: How Battery Pack Costs Declined Since 2008

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Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. Bureau of Labor Statistics notes that there is an uptick in labor demand across four key sectors, including battery manufacturing.

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5 Ways Owning an EV Can Save You Money

Blink Charging

Of course, you still have to purchase the vehicle, but the federal government will give you a tax credit of up to $7,500 if you and the vehicle both qualify for it. According to the US Department of Energy: “EVs convert over 77% of the electrical energy from the grid to power at the wheels.

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2021 Jeep Wrangler 4xe: The legendary SUV brand’s first plug-in hybrid

Charged EVs

We plugged it in five times, and despite an overall route that skewed more to long-distance highway travel than around-town errands, we managed to do 138 miles on grid electricity alone. Plug-in hybrids that never connect to the grid might as well not have a plug at all. Over five days, we put 276 miles on our test Wrangler 4xe.

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EV Charging: A Look at the International Landscape

EV Connect

In addition to directing the Environmental Protection Agency and the Department of Transportation to tighten fuel efficiency standards, President Biden has made supporting electric vehicles a top priority, expanding consumer tax credits for EV purchases and mandating that the entire federal fleet of vehicles be converted to electric.