Electric Vehicles Takes Off In Oil Heartland Of Texas

Electric Vehicles Takes Off In Oil Heartland Of Texas

According to a recent forecast by Navigant Research, the American oil loving state of Texas will have 100,000 registered Electric Vehicles in less than 10 years time (2023). You might expect to see these figures for traditionally ‘greener’ economies such as Norway, Japan or Switzerland so why the intense popularity from an area with a solid historical love affair with oil?

In reality, the newfound popularity does not exactly represent an up rise in eco warriors. Texas is a deregulated state, therefore allowing utility companies to operate in the EV charging market. As an additional revenue stream, many of the key players have entered the market and are setting up charging stations all over the state.

This in turn increases consumer confidence, particularly in a geographically vast state with lengthy highways where no one wants to run the risk of running out of fuel.

 

This Forbes article discusses the multiple reasons that Texas is on its way to becoming a force in EV adoption.