Electric Car Sales Are Surging

Jess Shankleman, reporting for Bloomberg:

Registered plug-in and battery-powered vehicles on roads worldwide rose 60 percent from the year before, according to the Global EV Outlook 2017 report from the Paris-based IEA. Despite the rapid growth, electric vehicles still represent just 0.2 percent of total light-duty vehicles.

“China was by far the largest electric car market, accounting for more than 40 percent of the electric cars sold in the world and more than double the amount sold in the United States,” the IEA wrote in the report published Wednesday. “It is undeniable that the current electric car market uptake is largely influenced by the policy environment.”

Just last weekend I was talking to a friend who who was seriously considering buying an electric car. This got me to do a quick Google search of my area and was pleasantly surprised to see over a dozen charging stations for electric cars within the greater QC metro area.

My wife and I currently share a car, but when we start having kids we will almost certainly buy a second car for getting around town. Right now the prices on most electric cars keep us out of the market. However, as the prices come down, and the battery tech continues to improve, it's easy to imagine us buying an electric car in the next decade.