Electric cars may have a problem: Too few buyers

Carmakers with ambitious plans to roll out more than a hundred new battery-powered models in the next five years appear to be forgetting one little thing: Drivers aren’t yet buzzed about the new technology.

Electric cars may have a problem: Too few buyers

Carmakers with ambitious plans to roll out more than a hundred new battery-powered models in the next five years appear to be forgetting one little thing: Drivers aren’t yet buzzed about the new technology.

Electric cars — which today comprise only 1% of car sales worldwide, and even less in the US — will account for just 2.4% of US demand and less than 10% globally by 2025, according to researcher LMC Automotive. 

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