What Does The Future Of Electric Vehicles Look Like?

As electric vehicles continue to dominate the market, many wonder what the future holds for this industry. According to a new study, the future of electric vehicles looks very bright indeed. The study, conducted by the Boston Consulting Group, predicts that by 2030, electric vehicles will make up nearly 47 percent of all passenger car sales worldwide. This is an increase from just over 12 percent in 2020.

So, what can we expect when we look at the future of electric transportation? In this article, we’ll cover what that might look like.

Better EV Battery Technology

One of the most important aspects of electric vehicles is, of course, the battery. And as time goes on, we can expect batteries to continue to improve. This is good news for a few reasons. First, better EV batteries mean a more extended range for electric vehicles. This is one of the main concerns people have when it comes to making the switch to an electric car. With a longer range, people will be able to travel farther without having to worry about finding a charging station.

Second, better batteries also mean faster EV charging times. This is another big concern for people who are thinking about making the switch to an electric car. With faster charging times, people will be able to charge their cars in a shorter amount of time, making it more convenient for them. Lastly, better batteries also mean lower costs. As battery technology improves, the cost of electric vehicles will continue to go down, making them more affordable for people.

Increase In Public Charging Stations

As the number of EVs on the road increases, so will the need for public charging stations. With more than 76% of drivers believing that EVs will become more prominent in the future, it’s clear that the demand for public charging stations will only continue to grow. This is good news, as it will help to increase the adoption of electric vehicles. In addition, it will also help to create jobs and boost the economy.

More Tax Incentive Programs

As electric vehicles become more popular, we can expect to see more tax incentive programs being put in place to encourage people to switch to EVs. These programs could include things like a federal tax credit, state tax credits, and utility rebates. With these types of incentives in place, it will be easier for people to afford an electric car. In addition, it will also help to increase the number of electric vehicles on the road.


So, what does the future of EVs look like? In short, it looks very promising. With better battery technology and more public charging stations, we can expect to see a continued rise in the adoption of electric cars. In addition, more tax incentive programs will help to make electric vehicles more affordable for people. All of this is good news for the environment and the economy. So, if you’re thinking about switching to an electric car, now is a great time to do so.