Several factors that limit the appeal of electric vehicles, to consumers and manufacturers, are changing fast:
Driving range is increasing, to more than 200 miles between charges on existing and announced new battery-powered vehicles.
Charging times are decreasing. Nissan Leafs and Chevrolet Bolts can be as much as 90 percent charged in about 30 minutes.
Public EV charging stations are proliferating. The U.S. Department of Energy says 16,535 stations with 45,288 outlets operated across the country in November.
Production expenses are coming down. The costs of building EVs will become comparable to those of cars and trucks with internal combustion engines between 2025 and 2030, Boston Consulting Group predicts.
Germany, France, Britain and Norway all propose ending the sale of gasoline- or diesel-powered vehicles between 2025 and 2040. China and India are pushing for greater electrification of vehicles as well.
