Electric Vehicles in US to grow in 2023

There are expectations that Electric Vehicles in US is going to be really growing in the next year. Next year is expected to even top the fabulous year that United States has had this year and that is because of the number of EVs which are going to hit the market and most of them being less expensive ones. This along with the new rules of government are expected to make the current vehicles which may have a heavy price currently more affordable too. 2022 was a great year as the electric vehicle market share grew twice despite the supply chain issues along with inflation. EVs in 2022’s first 10 months accounted for close to 5.3 % of all the vehicle sold. This was 60% higher than the previous year. This is a great number considering the new electric vehicles are in the upper tier which is the $50,000 or more price range. There is still a lot of room according to the experts for growth in this field.  

Also read : https://twitter.com/evworldnews/status/1607008431570882565

However, it is widely believed that if the number was to grow significantly, it would happen with an increase in the EV charging numbers and offering Electric vehicles which are more affordable. There are many surveys which substantiate the fact that the number of consumers who are going to switch to an electric vehicle will grow considerably high if the market was to support them with more affordable electric vehicles.

Also read : Electric Vehicles for delivery : USPS (evworldnews.com)

This is what would help the market grow in the coming years as there is an expectation that there will be many cheap electric vehicles which will come from the more famed vehicle manufacturers such as Hyundai, Nissan and a few others. Chevrolet too has been considering a price for its electric version of Bolt. This will help the market grow to a high rate in the United States.

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