The Range Anxiety Weekend
A VC: Musings of a VC in NYC
MARCH 7, 2022
Electrified cars were greater than 10% of the US market in 2021 and EVs were about 5%. EV sales are growing at nearly 100% YOY and could reach 25% of the US market in a few years. This is good news for the effort to reduce our dependence on fossil fuels. But there are still challenges for the EV market. Range anxiety and charge times are among the top reasons that consumers avoid EVs.
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