Electrification

EVs Approach 'Tipping Point' in 2023, Yet Tax Credit Ambiguities and Utility Interconnection Hurdles Loom

Electric vehicles are nearing a 'tipping point' in 2023, with sales surpassing 6% of new vehicles in Q3 2022. However, tax credit implementation details and utility interconnection challenges could slow momentum. Experts weigh in on federal funding, charging network rollout, and grid readiness.