Electric vehicles are on track to capture nearly one-fifth of the global market this year, according to a new report detailing the “explosive growth” of plug-in cars.
The limited supply of EVs is colliding with unexpected demand. Despite inventories at a fraction of their pre-pandemic levels, EV sales are outperforming even the more optimistic projections of a few years ago.
Washington is committing to going green as the state passed legislation to only allow the sale of electric cars beginning in 2030. The move is part of a larger climate change plan that focuses on overhauling the state’s transportation system.
