Experts Warn That Skyrocketing Energy Prices Could Jeopardize EV Adoption

September 16, 2022 13:24:58

As the world collectively strives to cut carbon emissions, several countries around the globe have pledged to replace the conventional internal combustion engine (ICE) cars on their roads with zero-emission electric vehicles. Unlike ICE cars, EVs run on rechargeable lithium-ion battery packs and produce zero emissions at the tailpipe. But despite the lofty electrification plans of most countries, plenty of challenges stand in the way of mass electric vehicle adoption.

One of them, experts warn, is the energy crisis that has gripped the world for months. With energy prices rising on an…

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