Soon we will all be driving electric SUVs
By 2022, Chinese demand for electric cars will triple, and the largest block — 39% — will be SUVs and crossovers, according to Bloomberg New Energy Finance.
Americans, meanwhile, will buy more than twice as many electrics as they currently do, and 52% of them will be SUVs and crossovers.
Why it matters: Electric car skeptics cite relatively low current demand as evidence that battery-propelled vehicles are unlikely to break out of their niche any time soon.
But the new forecast suggests why they can — because they will fall neatly into the current of existing mobility fashion. (SUVs lead vehicle sales, accounting for 42% of all U.S. demand last year and 39% of China’s.)
The report forecasts an overall boom in EV demand through 2040, led by a surge in the number of electric models on offer, especially from the German automakers but also Tesla.
SUVs will be the main driver of that demand.
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