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The Key to Widespread Adoption of EVs: Less Range

by admin
December 17, 2022
in CFO News



What if electric cars could cost significantly less than they do now, charge in the same amount of time it takes to fill up a tank of gas and use far less of the scarce materials that currently constrain their production?

That’s a future some electric-vehicle experts say we should be focusing on. For years, electric-car buyers have been trained to look at one number above all others when considering a new vehicle: How far does it go on a charge? The more miles, the better, goes the logic, or else consumers will feel “range anxiety”—that fear that you could end up stuck on the side of the road, all out of electrons and with no place to recharge.



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