Buyers around the world are lining up to purchase electric vehicles this year even with sticker prices surging, flipping the script on a decade and a half of conventional auto industry wisdom that EV sales would break out only after battery costs dropped below a threshold that was always just over the horizon.
EV demand is going up faster than people thought, environment concerns have motivated buyers to choose EVs over those that burn fossil fuels, said experts.
By Paul Lienert and Nick Carey (Reuters) - Buyers around the world are lining up to purchase electric vehicles this year even with sticker prices surg.