If you want to know how quickly electric vehicles might spread across the U.S., just look at California. In the past five years, EVs have gone from 2% of new-car sales in the state to 22%.
The pace of adoption in California picked up significantly once EVs reached 5% of new-car sales, a threshold at which preferences start to flip for mainstream car buyers, according to a Bloomberg Green analysis of EV adoption curves around the world. California was one of the first major car markets to reach that tipping point, in 2018, and so far 23 countries have been added to the list.
