U.S. Carmakers Eye Massive Jump In EV Sales

U.S. carmakers will seek to boost the share of electric vehicles in their total sales from single digits now to as much as 40-50 percent by 2030, according to several media reports. This target, however, includes not just battery electric vehicles but also plug-in hybrids and fuel cell cars. General Motors, Stellantis, and Ford Motor Co. are all investing billions in EV production in anticipation of a shift in buyer behavior. But challenges remain, the Wall Street Journal notes in its report. The success of the automakers’ plans depends on…

via OilPrice

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