Four Factors Slowing EV Uptake
The next few decades will see electric vehicles (“EVs”) replace fossil-fuel-powered cars on the world's roads. Several countries have pledged to adopt alternative energy vehicles in a bid to reduce their reliance on fossil fuels and reduce their greenhouse gas emissions, and zero-emission electric cars will be crucial to achieving this goal. However, EVs still make up a very small percentage of the vehicles on the world's roads. A Pew Research survey found that nearly two-thirds of Americans found electric vehicles to be too expensive and one-third had reliability concerns. In the United Kingdom, a similar survey found that 37%…