The replacement of fossil fuels and transportation will take longer than many imagined.
Sales growth in electric vehicles, led by Tesla and BYD has long suggested the end of gasoline and diesel fuel in the transportation sector. While fuel cells are a viable clean option, lower costs in battery production have made pure electric vehicles the sales leader in green transportation.
But can the momentum of early adopters be maintained? Market surveys suggest that EV sales growth is flattening, as MSRP’s and a lack of public charging infrastructure dampen demand.
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