CHARGING TECHNOLOGY ADVANCEMENTS WILL ACCELERATE EV ADOPTION GABE OSORIO, DIRECTOR, TRANSPORTATION MARKETING TTI AMERICAS
Flexibility is a key requirement for EV designers with ever-changing specifications for charging rates and battery types, and the possibility of contactless charging.
increased, with 60% of consumers saying they would consider purchasing an EV. In 2022, the Biden Administration’s Bipartisan Infrastructure Bill committed $5 billion in the next few years to build an expanded network of EV charging stations. Prices are lowering, consumers are gaining interest, and government is increasing its commitment to EVs. What’s holding them back is the technology,
Charging EVs is still inconvenient and slow in many areas, which is a main reason EV adoption in the U.S. (now around 5%) lags far behind Europe (around 20%). But there are some promising signs that greater acceptance is on the way. New vehicle prices in general rose by an average of 2.2% from 2020 to 2021, compared to EVs which decreased by 10.8%. Public interest in purchasing EVs has
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