Strategic Drivers for Mass EV Adoption

Strategic Drivers for Mass EV Adoption

By Erika Masako Welch, 04 October 2023

As the following handful of graphs and data will show, there are several drivers that have been leading to the EV adoption we are seeing now. Besides increasing gas prices, global consumers are also becoming increasingly aware of the climate change challenges facing the planet – with skyrocketing CO2 emissions impacting our environment. Gen X-ers (those born between 1965 and 1980) and Millennials (those born between 1981 and 1994) are putting money where their mouths are and are going green – equipped with the knowledge that driving gas-powered cars is amongst the worst carbon emitting activities individuals can take part in today. 

Driver 1 - Sky High Gas Prices Pinch Consumer Wallets

Since the 1979 oil crisi

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