Avoiding Crisis as Grid Faces Electric-Vehicle Onslaught

Recent data from the National Renewable Energy Laboratory on battery-electric and plug-in hybrid-electric vehicles shows the U.S. had 764,666 light vehicles sold (third in sales behind Europe and China). BEV and PHEV sales are projected to reach 20 million globally as early as 2025, still less than half of the 76.5 million new LV sales in 2017. The opportunity for growth is significant, as in the U.S. only 0.9% of vehicle sales were BEV/PHEV vehicles.