How Tesla, GM and others aim to fix electric vehicle range anxiety

Technology

The popularity and success of Tesla has proven there is demand for electric cars.

Automakers are investing billions into an electric-powered future. Last year, 143 new EV’s launched around the globe. Analysts predict record growth of EV sales in 2021, especially in Europe and China. 

But, in the U.S., electric vehicles sales represented less than 2% of all autos sold in 2019, according to the Edison Electric Institute. Several hurdles remain for the market to really take off. One of the biggest is charging. 

CNBC explores the current state of electric vehicle charging and how automakers like Tesla, GM and companies like ChargePoint and Electrify America are adding charging infrastructure to increase electric vehicle adoption.

Watch the video to learn more. 

Products You May Like

Articles You May Like

P Diddy faces sexual misconduct claims from 120 new accusers
OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
Israel’s march into Lebanon felt inevitable – but they will want to avoid full-scale invasion
ESA To Launch DRACO Satellite in 2027 to Study Satellite Reentry Disintegration
King hails ‘uniquely special’ Scotland as it marks milestone – before being hugged by woman

Leave a Reply

Your email address will not be published. Required fields are marked *