Today’s Solutions: November 18, 2024

Have you noticed more electric cars on the roads these days? How about an increase in electric charging stations or lanes dedicated to zero-emissions vehicles? If you have, it’s because the world is getting set for the transition to electric vehicles. The infrastructure to support such a transition is in place, and the cost of efficient, electric vehicles is on the decline. A typical electric vehicle today costs $30,000 will go about 100 miles on a charge. Within a year, Tesla, Chevrolet and other automakers will release electric cars that double that range for a slightly higher cost. Along with new cars, charging stations are also becoming more efficient, with some being able tot fully charge a battery in just 15 minutes. With all of this being matched by government incentives to encourage electric vehicle sales, it seems the age of the gas car is coming to a close.

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