In addition the technological challenges such as limited electric range and

In addition the technological challenges such as

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In addition, the technological challenges such as limited electric range and long charging time are also expected to affect the adoption of electric car in the country. USA: According to Global EV Outlook 2019, 1.1 million cars were sold in United States in 2018 with the growth of 361,000 units. Drivers Government support in the form of incentives and subsides is a major factor benefiting the sales of electric cars in the region. Declining prices of lithium-ion batteries is a positive sign for this industry as it would make electric cars more affordable. Long range electric cars under $40,000, now available in the U.S., is already making electric cars more practical to own for the customers. Challenges There are around 16,000 public recharging stations in the U.S., with majority being slow charging stations. These too are unevenly distributed and concentrated in only the key cities. Lack of availability of electric car models is a challenge for the North American market. There are only limited models to choose from when compared to the conventional cars, hampering its sales.
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  • Spring '14
  • Electric Vehicles Market

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