The year 2022 slated to bring steady EV growth, but barriers to buyers linger


Lingering supply-chain issues, consumer wariness about EV pricing, batteries and charging, and uncertainty about additional federal support pose potential roadblocks to hitting ambitious targets from the Biden administration and automakers themselves. — Reuters

The new year is expected to bring steady growth in the electric-vehicle segment, still just a sliver of US sales, amid a federal push to accelerate the transition to zero-emissions vehicles.

Bullish EV forecasts follow a year that brought pivotal developments in the race to electrify America's vehicle fleet. They have included announcements of tens of billions of dollars in new investments in products and manufacturing capacity, high-profile EV reveals, the launches of new models to challenge market leader Tesla Inc and the promise of federal investments in charging infrastructure.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read