Jeremy J. Michalek

2 days ago | financebuzz.com | Chris Lewis |Melinda Sineriz |Jeremy J. Michalek |Carnegie Mellon

Electric vehicles have a long history that dates back to the 1800s, when they were, believe it or not, even more popular than gasoline-powered cars. Today, electric vehicle (EV) adoption is accelerating after decades of decline. Americans purchased over 1.5 million EVs in 2024, accounting for approximately 10% of all new light-duty vehicles sold, according to the International Council on Clean Transportation.