Affordable EVs will be the catalyst for a decade long shift to electric cars - The Fact Factory

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Tuesday, 5 January 2021

Affordable EVs will be the catalyst for a decade long shift to electric cars


According to a recent report from American industry analysts ABI Research, 2021 will be the year that electric vehicles hit the mainstream in a big way, Roadshow by CNET says. The main driver behind this will be a slew of more affordable EVs — like the VW ID.3, ID.4, and Ford Mustang Mach-E — coming to market. “This transition from niche to mainstream will be built on the introduction of low-cost EV models that satisfy the typical mileage requirements at an acceptable price point,” said James Hodgson, Smart Mobility & Automotive Principal Analyst at ABI Research. According to the report, by…

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