Top 10 Reasons Why Mass EV Adoption is Inevitable

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August 25, 2021
June 30, 2023
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Top 10 Reasons Why Mass EV Adoption is Inevitable

According to evadoption.com, EV sales are expected to grow from 3.4% of all new auto sales in 2021 to 29.5% in 2030. In fact, they cite several models that forecast explosive growth in EV ownership across the US over the next decade. See the full sales forecasts here complete with bar charts and supporting data: https://evadoption.com/ev-sales/ev-sales-forecasts/. While skeptics might pooh-pooh these projections as overly optimistic, we believe they may actually fall short of the eventual reality. Of course, only time will tell, but below are our top 10 reasons why we believe EVs will be as commonplace as microwaves come 2030.

1) Government Legislation

Progressive administrations like Biden’s in DC and Newsom’s in California are championing laws that promote EV ownership through HOV lanes, favorable tax rebates and increased spending on infrastructure while penalizing carbon-emitters with higher gas taxes and a phasing out of ICE vehicle sales.

2) Environmental Concerns

With the help of social networks and the news media, the idea of sustainable living has gained major traction in the last several years as more and more vehicle owners express concerns about air pollution, climate change, and depleting Earth’s natural resources.

3) Greater Model Selection

The last several years have seen a huge influx of new EV models into the market as nearly every major manufacturer in the world has embraced electric mobility, leading to not only a greater selection of EVs, but in some cases, automakers proclaiming the cessation of ICE production altogether.

4) EV Price Reductions

Greater selection and decreasing battery costs have led to the inevitable drop in EV prices, with the average 350-mile-range EV going from a $50,000 MSRP in 2019 to $39,000 in 2021, according to ARK Invest; furthermore, it’s expected to drop to just $26,000 by 2023.

5) Expanded Infrastructure

EVCS has been “leading the charge” up and down the West Coast to install hundreds of new DCFCs in areas frequented by travelers, consumers, workers, patients, students – everyone! – all powered by carbon-neutral energy sources, while our competitors strive to keep up in other parts of the country.

6) Increased Driving Range

In a study by Volvo, 58% of surveyed drivers cited “range anxiety” as a barrier to EV market entry, but with technology improving the distances EVs can travel on a single charge, many people are coming to realize that electric mobility is achievable and even preferable for their lifestyle.

7) Reduced Fueling Costs

As gasoline prices continue to rise (by almost one dollar on average between July 2020 and July 2021, according to AAA), consumers are finding that the cheap cost of electricity more than offsets any additional cost of EVs over comparable ICE vehicles.

8) Faster Charging Speeds

An EVCS fast charger can power up a standard battery from zero to 80% in about one hour, making a trip to the grocery store, coffee shop or movie theater a multi-purpose experience and offering an on-the-go generation greater flexibility than previously possible with only level 2 home chargers.

9) EV Performance

Innovators like Tesla, Nissan, and GM are competing for the attention of tech and auto enthusiasts alike, meaning EVs with faster 0-60 speeds, higher top speeds, and options like mobile charging, autonomous driving, and regenerative braking will literally drive a new generation of buyers.

10) Momentum

Responsible mobility has gained traction all across the globe – from Norway to China to California and beyond – and as people see more EVs on the road and more ubiquitous infrastructure like the chargers we install every day, they will become more ready to accept the truth: that the future is electric.

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Electric Car Charging

Installation of the Month (February 2021): Hollywood & Highland

In the movie Spider-man, Uncle Ben tells Peter Parker, “With great power comes great responsibility.” The phrase, which came to be known as the “Peter Parker Principle,” is just as true today as it was 20 years ago when the movie first premiered. And just as Peter took seriously his newfound powers, we take seriously our responsibility to facilitate broader access to vehicle electrification options – quite literally the “great power” here is the electricity that keeps EVs moving. We also understand the power of movies and television to convey the importance of electric mobility, be it through information, entertainment or influence marketing. As such, Hollywood has become a tremendous partner in advancing the EVCS mission.

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Electric Car Charging

Installation of the Month (January 2021): Barlow Respiratory Hospital

While 2021 brings hope and promise for greater widespread adoption of electric mobility, a quick glance at our portfolio reminds us of all the headway we’ve already made toward that end. Last year, we seized on positive customer sentiment and abundant fiscal opportunities in the green energy space, allowing us to become one of the top installers of EV charging infrastructure in the State of California (with 500+ installations completed and counting). As such, we thought it might be worthwhile to share some of these installations with you – a new success story each month – so that you can see firsthand the favorable strides we’re making toward a carbon-neutral future.

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Electric Car Charging
Electric Vehicles
News

2020: A Year in Review

Two thousand twenty has been a year of undeniable adversity, but also one of remarkable achievement. A year of firsts and hopefully a few lasts. A time of toil and tribulation, but also of triumph. For genuine success is partly defined by our ability to hurdle those implacable obstacles that make the result so noteworthy in the first place. Now, as the EVCS team looks back on this unusual year, we take stock of our unique achievements that made 2020 one for the books.

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Electric Car Charging
News

Electrification Progress in the Age of COVID

It’s pretty clear that vaccine or no, COVID will be here for a while, and with it the new normal of face masks, social distancing, telecommuting and (consequently) less road travel. While some might view this with trepidation, we see it as an opportunity. Since the earliest weeks of the pandemic, major metro areas like Los Angeles, Seattle and Chicago – those with large reductions in automobile traffic – immediately began seeing improvements in air quality, according to articles in the New York Times and Washington Post. More recent, an NPR story noted ozone pollution has decreased as much as 15% in many of these places. It seems an unintended consequence of the lockdown has been to accelerate the transition to responsible mobility by demonstrating its positive effects on the environment.

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Electric Car Charging
Electric Vehicles

Commentary on Geotab’s 2020 EV Fleet Trends Article – Part II

Two weeks ago, we published part one of our commentary on Geotab’s in-depth article, “Electric Vehicle Trends 2020: Top 6 Factors Impacting Fleet Electrification” (https://www.geotab.com/white-paper/electric-vehicle-trends/). Again, the idea was to assess whether each of the trends were evolving as Geotab predicted and, if so, how EVCS was responding to them in the marketplace. Below are the final three trends referenced and our thoughts on each.

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