An investigation into the rising sales of electric cars

Abstract

Recent awareness of climate change, coupled with the desire to drive better, cleaner, more efficient vehicles, is driving demand for electric cars (EVs). While current costs for some alternative methods of transportation are high, and travelers worry about that which they do not yet fully understand, recent incentives and technological improvements are working to bring about a change in the way that we think about transportation. The purpose of this study is to re-examine the potential causes leading to increasing sales of EVs. Potential causes were fuel prices, interest rates, and various government subsidies combined with a cost benefit analysis. My findings suggest multiple causalities and may benefit those seeking to bring about a change in how we view transportation.