Yahoo Finance What It Will Take To Put EV Adoption in the Fast Lane
NORTHAMPTON, MA / ACCESSWIRE / November 3, 2022 / By Janet Ooi
Electric vehicles have long been heralded as the future of transportation. However, with costs spiraling and the continued economic uncertainty across Europe, the transition to battery-powered cars remains out of reach for many.
Currently, Norway leads with 65 percent of new cars being EVs, helped by its government being an early proponent of providing incentives to make the transition and implementing a widespread charging network.
Germany is in sixth place with 14 percent and the UK is ninth with 12 percent of sales being electric, according to industry association ACEA.
So, how can we get out of the slow lane and accelerate the widespread use of EVs?
Fast-charging network
To facilitate adoption, a fast-charging network must be readily available in every European country. However, public charging infrastructure is relatively limited, particularly when it comes to fast-charging station access.
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