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08.07 / 06:23
Racing Three Reasons Why Americans Don't Want To Buy An EV
More than one in four Americans say they would not consider buying an electric vehicle. Nevertheless, thanks to growing environmental concerns and rising gas prices, EVs are becoming increasingly popular worldwide. Tesla has led the global EV industry for a long time in terms of volume and value. However, the American EV-maker was recently knocked off its perch by Chinese automaker BYD following a massive spike in demand for electric vehicles in China. The Elon Musk-led company is now the world's second-largest EV maker, ahead of GM, Volkswagen, Volvo, Hyundai and others.
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