This paper summarizes the current status, and projected growth, of the U.S. electric vehicle (EV) industry over the next five to ten years. Key topics addressed include drivers of U.S. and global EV growth, auto manufacturer investments in EV development and in building a robust charging network for drivers, announced new EV model introductions, projected EV sales, projected battery pack costs and advancements, and projected date of EV “price parity” with internal combustion engine (ICE) vehicles. The report also addresses the effects of the COVID-19 pandemic on EV sales.

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More About this Resource

Date: April 1, 2022

Countries: United States

States: None

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