The Expert Podcast

• A recent article from Jalopnik suggests that fewer than 50% of drivers are considering an electric vehicle (EV) for their next car. However, this is actually good news for the EV market.
• EVs have only been widely available for the last five to seven years, but already, about half of potential buyers are considering them, which is a big deal for a technology that is still relatively new.
• The rapid development and investment in EVs is unprecedented, with automakers pouring billions of dollars into new vehicles and infrastructure. This shift from a century-old technology to a new one is happening much faster than expected.
• In the U.S., 63% of car buyers are still opting for gas-powered vehicles, while in Europe, only 36% are choosing gas-powered cars, showing a faster adoption of EVs in Europe.
• The growth and adoption of EVs in both the new and used car markets is expected to accelerate over the next few years, even though the transition may take time in regions like the U.S.

• Electric vehicles are gaining traction quickly, with almost half of drivers considering them.
• The speed of development and infrastructure growth for EVs is unmatched in automotive history.
• While EV adoption in the U.S. may take longer, Europe's market is evolving faster, and the future of EVs looks promising on both new and used car markets.