Book a free demo with us
Book Now
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

Content Locked

Login or Register a FREE account to continue browsing our content

Related Report

The State of the Electric Vehicle Revolution 2023

Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.

Did you check these out?

Related Contents

Subscribe To Our Newsletter

Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems

Subscribe to Our Newsletter

to keep up to date with Lucidity Insights' latest content