CleanTechnica•about 2 months ago
US Needs to Triple EV Sales to Start Reducing ICE Vehicle Fleet
- •EV sales in the US need to triple from current levels to begin reducing the total number of Internal Combustion Engine (ICE) vehicles on the road, indicating a substantial future increase in electricity demand.
- •Current EV adoption rates are not yet sufficient to offset new ICE vehicle sales, implying a continued, aggressive ramp-up is required to achieve decarbonization goals for transportation.
- •This projected growth in EV sales represents a long-term driver for increased electricity demand, creating significant opportunities for new generation capacity (renewable and flexible dispatchable) and grid infrastructure investments for developers and IPPs.
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