High Gas Prices and New Models Fuel Surge in EV Interest, EVgo CEO Says
EVgo CEO Cathy Zoi reports a significant increase in electric vehicle (EV) interest, driven by rising gas prices and expanding vehicle options. The next 24 months will see 50 new EV models enter the market, offering consumers a wide range of choices from SUVs and pickup trucks to compact cars across multiple manufacturers.
This surge in EV adoption coincides with consumers seeking alternatives to traditional fuel vehicles amid volatile gas prices. The diversification of EV options means buyers no longer need to compromise on vehicle type when choosing to go electric.
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The expanding EV market represents a significant shift in consumer transportation preferences, with major manufacturers responding to increased demand by introducing various models to suit different lifestyle needs and preferences.
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