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Title : Except For Tesla, Folks Not Standing In Line For EVs -- Bloomberg -- December 19, 2017
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Except For Tesla, Folks Not Standing In Line For EVs -- Bloomberg -- December 19, 2017

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Automakers with ambitious plans to roll out more than a hundred new battery-powered models in the next five years appear to be forgetting one little thing: Drivers aren’t yet buzzed about the new technology.

Electric cars—which today comprise only 1 percent of auto sales worldwide, and even less in the U.S.—will account for just 2.4 percent of U.S. demand and less than 10 percent globally by 2025, according to researcher LMC Automotive. But while consumer appetite slogs along, carmakers are still planning a tidal wave of battery-powered models that may find interested buyers few and far between.

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