Despite what the headlines may lead you to believe, plug-in electric vehicles (battery electric vehicles, BEVs, and plug-in hybrids, PHEVs) continue to gain market share, in the United States and abroad. The EV transition is disrupting trillions of dollars of annual cash flows, and not just in the oil industry. People who stand to lose in that transition are working hard to delay the change, primarily by spreading FUD (fear, uncertainty, and doubt).The recently passed Federal budget bill adds two new sources of uncertainty, by eliminating the electric vehicle tax credits, and by attempting to renege on previous commitments to fund EV charging infrastructure. Like most political footballs, the impacts of these will probably be neither as good nor as bad as the opposing parties claim, but th
Opinion: Electric vehicles should be embraced, not feared
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