Economics Drive the Future of Electric Cars

03/30/2020 11:30 PM | Admin1 (JS) (Administrator)

By John Stonier, President  Vancouver Electric Vehicle Association
Published March 30, 2020

In the 10 years since electric vehicles (EVs) began rolling off production lines, we’ve passed the early adopter stage. Hundreds of thousands of buyers have enjoyed the many benefits of electric transportation: superior performance, low operating costs, and virtually no maintenance costs. Most say they’ll never go back to internal combustion engine (ICE) vehicles. And now further technological advances, models, and improved utility are combining to increase cost savings and drive mass adoption.

There are many environmental and social reasons to go electric, but I’m going to address the practical, economic issues that have been a concern for many. We now know that EV cost savings are real and sustained. 

Continue reading the full article here  as part of Innovating Canada's Future of Transportation series.

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