Mobility

EV share continues to rise but has hurdles to clear

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Kristin Dziczek: "The concern that I have is that as battery-electric vehicles ramp up, their capacity utilization in those plants is very, very low."
January 11, 2023 08:21 PM

Electric vehicle share of U.S. light-vehicle sales has reached the "hockey stick" moment analysts have been forecasting for decades, but there are hurdles to clear before the industry achieves significant EV scale, said Kristin Dziczek of the Federal Reserve Bank of Chicago at the organization's 29th annual automotive insights symposium on Wednesday.

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