The large size of the US auto market and high GDP per capita, as well as easy access to financing options, make it a leading candidate for EV uptake. However, the lack of a strong regulatory foundation represents a substantial barrier, as does the relatively low cost of gasoline and diesel. Depending on the region, S&P Global Platts Analytics forecasts plug-in electric vehicles to reach total cost of ownership parity with internal combustion engine vehicles over the next 10 years. Market fundamentals will begin to drive plug-in electric vehicle (PEV) sales to a greater degree as consumers become aware of the savings associated with reduced operational costs. As PEV adoption gradually moves away from early adopters, the development of a robust and ubiquitous charging infrastructure will become even more important than it is now. PEVs will raise power demand, but the effect on the grid will depend on […]