By John Paul MacDuffie
September 5th, 2017
The electric vehicle market has become the center of attention for the automotive industry, with overwhelming demand for Tesla’s new, more affordable Model 3 EV as just the latest sign of market enthusiasm. Yet many perennial EV challenges remain, notably high costs and scarce charging infrastructure. And nationally, support for EV’s has become more fragmented and, quite possibly, politicized.
In the latest episode of the Kleinman Center’s Energy Policy Now podcast, Wharton management professor and automotive expert John Paul MacDuffie offers insights into the EV market’s growth trajectory, and talks about the likelihood of the market reaching a tipping point. In the process he tells what recent developments, such as recent announcements from France and the UK to ban gas and diesel car sales within a generation, could indicate for global EV market growth.
The Energy Policy Now podcast, now in its second season, offers insights from Penn experts on the energy industry and its relationship to environment and society.