Gas Price Surge Sparks Record Interest in EVs, EVgo CEO Reports

Gas Price Surge Sparks Record Interest in EVs, EVgo CEO Reports

By Michael Harrison

November 24, 2024 at 02:03 AM

EVgo CEO Cathy Zoi highlights two key factors driving the current surge in electric vehicle (EV) interest: rising gas prices and expanding vehicle options. Over the next 24 months, consumers can expect 50 new EV models across various categories, including SUVs, pickup trucks, and compact cars from multiple manufacturers.

This significant expansion in EV choices marks a turning point in the automotive industry, offering consumers more flexibility and options than ever before when considering the switch to electric vehicles.

The combination of high fuel costs and diverse vehicle selections is creating unprecedented momentum in the EV market, making electric vehicles an increasingly attractive option for mainstream consumers.

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