The future of cars is already here.
Electric vehicle (EV) sales have grown by an average of 50% a year since 2011.1 The cost of EV batteries fell 87% in dollars per kilowatt from 2010 to 2019.2 EV-friendly infrastructure continues to improve, and technology and policy are making the electric car lifestyle even more accessible.
In the long run, an EV is more budget-friendly than you think. The lifetime cost of owning an EV is about $6–10K less than owning a gas-powered vehicle—even without subsidies or tax breaks.3
If just 10% more Americans who are already in the market for a car each year were to select an EV, it would save an estimated 65 million metric tons of climate-warming fossil fuel emissions per year.4 That’s the equivalent of 860,000 tanker trucks of gasoline.5