Plug-ins make sense for consumers and automakers alike
to get Americans to replace their gas-powered cars with EVs are about to run into two stubborn realities: Most consumers aren't ready to go electric, nor is the battery supply chain prepared to meet a surge in demand.The Inflation Reduction Act, which President Biden signed into law earlier this month, purported to expand EV tax credits .would ban the sale of new gas-powered vehicles in the state by 2035. Other states are expected to follow.
Automakers are investing billions in new battery manufacturing while rushing to close deals with mining companies to lock in supplies of lithium, nickel and other critical metals. Meanwhile, EVs keep getting more expensive — approaching $63,000 on average — as global demand for raw materials soars. Many manufacturers anticipate a battery bottleneck in the latter half of this decade as EV demand takes off.for around 20-40 miles before switching to a gas engine, use much smaller batteries than full EVs.
They still usually have enough electric driving range for most people's daily commute or errands, as long as owners plug in to an ordinary household outlet overnight.Most PHEV owners don't plug in their cars, so they end up using gas anyway and missing the benefits of the partially electric life.from the International Council on Clean Transportation found that real-world PHEV fuel consumption in Europe was 2.5 to 5 times higher than laboratory testing.
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