Electric vehicles (EVs) are the world’s most sustainable transportation option, with benefits to the environment and the economy. The cost of batteries are rapidly declining and world leaders are looking for opportunities to move away from our dependency on oil toward greener energy. All of these factors and more make it clear why Auto Loan Solutions created the below infographic, “8 Reasons EVs are the Future.”
The power of the EV is undeniable, and top players in the auto industry are already investing heavily in this new technology. By 2020, Tesla plans to have build 1 million EVs, and Ford has committed to developing 13 new models with a $4.5 billion budget, to be completed for the same year.