BLUF

Analysts predict the US EV market share will reach 9% to 11% in 2024.

Summary

  1. 2021 federal infrastructure law hasn't fully addressed charging infrastructure challenges.
  2. 2024 could see annual EV sales growth exceed 30%.
  3. 2023 saw 1.19 million EVs sold.
  4. Petrol prices are influencing EV demand.

References