EV Revolution: How Electric Vehicles Are Dominating New Car Sales
Download MP3Description:
The rise of electric vehicles (EVs) is reshaping the automotive industry and impacting everyday life. In this episode, we explore:
The rise of electric vehicles (EVs) is reshaping the automotive industry and impacting everyday life. In this episode, we explore:
- EV Market Growth:
- 10% of new vehicles sold in 2022 were EVs.
- This marks a significant shift, with higher percentages expected in 2023.
- What It Means for Gasoline Vehicle Owners:
- Increased presence of charging stations at gas stations, with Shell investing $169 million in EV charging infrastructure.
- Opportunities to future-proof your home by installing an EV charging circuit during electrical upgrades.
- Cost and Convenience Tips:
- Adding a 220-volt circuit during renovations is cost-effective.
- Hardware is inexpensive, but labor for installation is the main cost.
- Pre-installing a charging port can add value to your home for future buyers.
- Preparing for an EV Future:
- Assess your driving habits to determine range and charging station accessibility.
- Plan for lifestyle and employment changes as gasoline vehicles become less common.
Takeaway:
Even if you don’t own an EV yet, understanding the shift in the market can help you adapt and prepare for a more electric future. Tune in to learn how this change could impact your life!
Even if you don’t own an EV yet, understanding the shift in the market can help you adapt and prepare for a more electric future. Tune in to learn how this change could impact your life!
