Electric Vehicle Interest Grows Among NC Co-op Members

An increasing number of electric cooperative members in North Carolina are considering an electric vehicle (EV), according to the 2019 National Survey on the Cooperative Difference, compared with 2018 data.

Electric vehicles are expected to become much more common in coming years — worldwide, 57% of passenger car sales are expected to be electric by 2040, according to Bloomberg New Energy Finance. Sharp reductions in battery costs will likely drive that growth, making electric cars cheaper than internal combustion engine alternatives by the mid‑to‑late 2020s.