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Electric Vehicle Market Status - Update

01/25/2021
UPDATED
Report

D. Lowell, A. Huntington

PDF icon EDF_EV_Market_Report_January_2021_Update.pdf

This report update, produced in collaboration with the Environmental Defense Fund, 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 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. The first version of the report, released in May 2019, can be found here and the last update can be found here.

 

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