Since 2019, the electric vehicle market has experienced massive growth, to the tune of 40% year-over-year. The EV market, in general, has exploded, and this upward trajectory is projected to continue into 2022 and 2023. Reflecting upon 2021 sales, Tesla has reported $5.5 billion in annual profits, which is more than six times their 2020…
A new report from RMI has found that optimized charging of electric vehicles (EVs), which involves automatically and strategically shifting when an EV charges, could significantly reduce transportation sector emissions, and could potentially result in an average of 800 pounds of CO₂ saved per vehicle annually. This is equivalent to avoiding the emissions resulting from…
It’s no secret that the electric vehicle market is on the rise. College campuses and university housing complexes need to take note of the growing market and cater to this new category of young EV drivers. Consumer Reports recently came out with a study that indicates 71% of American drivers surveyed would “strongly consider” an…
Electric Vehicles (EVs) are only growing in popularity. With the President of the United States announcing in 2021 that 50% of new cars will be all-electric or plug-in hybrids by 2030, it is time to start planning for a major shift in the auto market. Consumers are starting to take note of these changes in…
It’s no secret that electric vehicles are sweeping the nation in popularity. As of now, California governor, Gavin Newsom, is calling for all new vehicles sold in the Golden State to be electric by 2035. Along with this, United States President Joe Biden is advocating for 50% of new cars to be electric by 2030…
The vast majority of electric vehicle (EV) automakers focus their marketing efforts towards more affluent people ages 35-55, but is this the only market interested in EVs? The answer is clear: absolutely not.
Public health, medical care, and electric vehicle adoption may all be more interconnected than people may initially realize. Studies have proven that air quality levels can have a tremendous impact on hospital visits for at-risk communities. According to the Center for Disease Control (CDC), excessive air pollution can be harmful to overall public respiratory and…
As a property owner and Airbnb host, you can take advantage of the numerous benefits of installing electric vehicle charging solutions for your guests and renters.
Ford will spend as much as $20 billion to reorganize its business for the electric future, according to Bloomberg. The automaker is also mulling whether to spin off some of its EV business as a special acquisition company (SPAC) in order to attract more investment. Ford has previously stated that it would spend $30 billion on electric and…
To support an electric vehicle stock of 26 million in the United States in 2030, public and workplace charging will need to grow from approximately 216,000 chargers in 2020 to 2.4 million by 2030, including 1.3 million workplaces, 900,000 public Level 2, and 180,000 direct current fast chargers. The charging infrastructure network will also need…