Publication date:
April 17, 2024
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.