CleanTechnica•about 2 months ago
What Drives EV Adoption Now?
Key Takeaway
Accelerated EV adoption, propelled by policy and technology, represents a fundamental shift in energy demand that will necessitate significant grid infrastructure and generation planning for developers and large power consumers.
AI Summary
- •Electric vehicle (EV) adoption is rapidly increasing in major markets like China and Europe, driven by supportive policies and technological advancements.
- •This trend signifies a significant and ongoing shift in energy demand from fossil fuels to electricity.
- •Developers and large power consumers should anticipate substantial growth in electricity load from EV charging infrastructure, requiring strategic grid planning and potential new generation capacity.
Topics
emissionsoempolicy
Article Content
In China and Europe, there aren’t really many concerns. Electric vehicle adoption continues to go up, and policies in place in those major markets as well as the natural technological learning curve mean that EV sales will continue to grow year after year, replacing polluting, costly, inefficient fossil-fueled vehicles. In ... [continued] The post What Drives EV Adoption Now? appeared first on CleanTechnica .