How long will it take before electric vehicles become more prevalent on the streets?

How long will it take before electric vehicles become more prevalent on the streets?

1 Expert Answer

Richard Franza, PhD

Faculty, James M. Hull College of Business,  Augusta University

"Right now, electric vehicles account for less than 1% of the vehicles on the road. So I see two leading indicators - the number of gas stations vs. the number of charging stations, and the production of combustion engines vs. electric vehicles. Look for when the ratios of those really starts to change, but it's not black and white. There are several factors that will go into that and it could take longer than people are saying."

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