Press Mention ABC News May 16, 2020
SACE Quoted
Has cheap fuel pulled the plug on electric vehicles?
In this mention
An ABC News article examining the impact of low fuel prices and the COVID-19 pandemic on electric vehicle sales in 2020. Stephen Smith, executive director of the Southern Alliance for Clean Energy, argues that despite near-term economic headwinds, the transition to electric vehicles is inevitable and will accelerate over the next decade as range anxiety decreases and vehicle range improves.
I think the horse is out of the barn. The transition to electric is happening, but the speed will be impacted by the global economics. Range anxiety is decreasing because range itself is increasing. EVs will become the dominant vehicle in terms of sales in the next 10 years.
Stephen A. Smith
Original clipping
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