By RICHARD A. WALSHUSICUSAssociated PressPublished March 10, 2019 07:09:23An electric vehicle that can travel at speeds of up to 150 mph is about to become the mainstream for most Americans, according to a report released Tuesday.
The Transportation Policy Institute (TPP) found that as of 2025, electric cars will account for roughly 70 percent of all passenger vehicles on the road and 60 percent of passenger car miles traveled.
In contrast, there will be a significant drop in the number of electric vehicles by 2030, said TPI director Robert Walcott.
By then, the percentage of Americans driving electric vehicles will have fallen to 10 percent, from 12 percent in 2020.
That compares to roughly 50 percent of Americans who are now driving hybrids and electric vehicles, said Walcott, who is also the author of “The Electric Car: The New Era of Mobility.”
That means EVs are poised to become a more popular and affordable alternative to traditional vehicles, he said.
Walgcott’s report comes as electric vehicles become a key part of transportation systems across the country.
Many cities have adopted or are working to install electric vehicles as an alternative to the current fleet of traditional vehicles.
In Detroit, Michigan, for example, the city will install more than 1,000 electric vehicles on its roads by 2025.
The TPP report noted that there will still be a large number of people who still drive traditional vehicles that are not compatible with electric vehicles.
It also found that the average U.S. household has only one electric car, while more than half the nation’s households own a hybrid vehicle.
Walcott said the TPP report indicates that electric vehicles are on track to become more popular.
He said the number could increase significantly if the federal government implements policies that allow automakers to offer the same vehicle options to all drivers.
The TPP report found that about 25 percent of households in the United States currently own a Tesla, and Walcott said that number is expected to rise to 50 percent by 2030.
In its report, the TPP said electric cars have become a part of the American culture because they have a lower price and are cheaper than conventional vehicles.
The report also noted that EVs can be used to help people in developing countries with limited access to electric cars, and that many countries are investing in infrastructure for electric vehicles and other transportation.
The report said the federal Government is considering incentives for automakers to increase the availability of electric cars and is considering providing tax breaks for EVs.