4 Reasons to Prioritize Electric Vehicles After COVID-19
Investing in EVs can help governments and consumers build back better after COVID-19.
COVID-19 has affected almost all aspects of transportation. For the public sector, economic shutdowns have gutted the tax revenue needed to buy and maintain government vehicle fleets. Perhaps no municipal entity has been hit harder than public transit agencies, which have seen ridership plummet by up to 97%. Some transit operators are close to bankruptcy, while some bus services may face permanent closure.
For the private sector, COVID-19 has increased interest in private vehicle use as consumers feel safer and more protected from the virus in cars than they do on public transit. Not only are people grabbing their keys instead of transit passes, but those who never had keys to begin with are now considering a vehicle purchase.