The electric vehicle (“EV”) sector still has a long way to go. Presently, EV sales make up less than 5% of total car sales, and only a few automakers have manufactured mass-market electric vehicles. Still, more and more consumers are choosing to ditch their internal combustion engine (“ICE”) vehicles. Although America, Europe and China represent the largest electric vehicle markets in the world, Norway has consistently led the pack in per-capita electric vehicle adoption.
Most of the electric vehicles in America are in urban areas. Electric car sales make up just 2% of total vehicle sales, with at least 40% of the country’s EV fleet located in California alone. It will take time, consumer education and significant investment in charging infrastructure…
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