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Podcast: Commonwealth Club of California Podcast
Episode: Is the EV Transition Stuck in Neutral?
Description: In 2024, BloombergNEF predicted electric vehicles would make up nearly half of U.S. new car sales by 2030. Now, they’ve revised their projection down to less than 30%, just one year later.Â
In a time when we need to be speeding up the energy transition, EV sales in the U.S. are stagnating. Sales of Teslas, once the king of electric vehicles, are collapsing. What’s behind the slowing demand? And with China’s growing electric car industry growing, how much should we worry?Â
Guests:
Camila Domonoske, Correspondent, NPR Business DeskÂ
Dan Bowerson...