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EPRI-DOE Washington Seminar: The Coming Wave of Electric Vehicles and Their Implications for the Electricity Sector — December 7, 2020 — ONLINE – Advanced BioFuels USA

With rapid reductions in purchase price and a wide array of models, electric vehicles (EVs) are projected to gain broad acceptance in the coming years as cost-competitive, high-performance, lower-carbon transportation options. EVs are projected to comprise 40 percent of new car purchases by 2030, up from 2 percent today, and 18 percent of vehicle miles traveled.  In addition, many companies and communities have expressed their desire to switch from gasoline or diesel buses, delivery vans, work trucks, and ridesharing vehicles to electric alternatives.  The expected rapid growth in vehicle electrification is considered key to achieving an effective, economy-wide decarbonization strategy. Vehicle electrification will place new demands on electric utilities and require substantial infrastructure investments.  It will require increased research and development in numerous areas, including resiliency, interoperability, and utility/customer planning tools.

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