The biggest barrier to buying cleaner cars is still the high price. Households most likely to buy a battery-powered electric car have an income of $300,000 a year or more.
The cost of full adoption is astronomical.
An estimated $6 trillion is theoretically needed to build the infrastructure that electric cars need such as charging stations and power networks. Add to that the amount companies spend on making the cars and batteries, and the number could be even higher.
Read the article at Bloomberg.
The post Even as Electric Car Technology Improves, Costs Remain the Biggest Barrier appeared first on Fleet Management Weekly.
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