Small EVs Could Break Dominance of SUVs
Micro-electric vehicles could be the smoking gun that finally breaks the dominance of SUVs (sports utility vehicles) on American roads. Unlike consumers in the European Union, American drivers have repeatedly shown that they prefer larger vehicles, such as SUVs and pickup trucks, over smaller cars, making them less likely to purchase regular-sized electric cars. The International Energy Agency (IEA) estimates that sports utility vehicles accounted for a whopping 50% of global vehicle sales last year. Demand for SUVs and similar large vehicles is on the rise, and the IEA notes that the transition to “larger and heavier” vehicles is one…