The state of Illinois has been on a fast track to get motorists to buy electric vehicles, but an auto analyst says gas-powered engines will be around for some time.
Gov. J.B. Pritzker, whose goal is to have one million electric vehicles on Illinois roads within six years, has admitted that demand for EVs has tailed off.
Auto analyst Alan Baum of Baum and Associates said there were expectations that the Big 3 automakers were going to start producing a large volume of EVs at affordable prices.
“That kind of fell short,” said Baum. “There have been significant problems with both the automakers and some of their suppliers and that has led to higher costs and therefore higher prices, which led to declines in consumer uptick.” […]
– Read More: justthenews.com
