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By 2027, One in Three Cars Sold in U.S. Will Be an EV, Analysts Project
Despite the recent slowdown in EV purchasing, a new analysis finds that sales of plug-in cars will surge in the U.S. over the next three years.
Despite the recent slowdown in EV purchasing, a new analysis finds that sales of plug-in cars will surge in the U.S. over the next three years. Going forward, analysts project that EVs will make up nearly half of new sales by 2030, meaning the U.S. is on track to meet a key climate goal of the Biden administration. A recent analysis by market research firm Gartner finds that, by 2027, battery-powered vehicles will generally be cheaper to produce than comparable gas-powered cars.
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