The electric vehicle market has not seen meteoric growth in 2024, but many analysts predict a shift in this trend in 2025. Gas prices continue to escalate, prompting brands to seek new ways to make their EVs more accessible. Thanks to substantial investments in electrification technology over the past five years, modern EVs now boast much improved efficiency and range compared to their predecessors. Public charging infrastructure has significantly advanced, a significant boon for EV owners embarking on extended road trips without the convenience of home charging. Most EV owners in the U.S. operate in urban and suburban environments, which are the optimal habitats for EVs.
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