Publication date: April 17, 2024
Infrastructure Lag Slows Adoption of Affordable Electric Vehicles

Infrastructure Lag Slows Adoption of Affordable Electric Vehicles

Despite falling prices for electric vehicles, sales are stifled by inadequate charging infrastructure.

Electric Vehicles

The introduction of sub-$10,000 used electric vehicles (EVs) marks a milestone in making clean transportation accessible. However, as reported by Fortune, the growth in EV ownership is being hindered by a slow development in essential infrastructure, particularly public charging stations. This bottleneck is shaping the pace at which the broader adoption of electric cars can occur, reflecting a key challenge in the transition to renewable transport solutions.