Analysts Say Minimobility Means May Be Needed to Bridge Gap Between EVs, Micromobility
Oct 7, 2022
Electric vehicles are poised to replace the conventional fossil fuel vehicles that dominate the roads in developed countries. Amid efforts to cut carbon emissions from transportation, EVs have emerged as a viable solution because they rely on rechargeable li-ion batteries rather than carbon-emitting combustion engines. However, electric vehicle adoption has proven to be slow, partly due to high purchase costs and insufficient charging infrastructure.
In territories such as China, however, automakers have made a killing selling mini-EVs for a fraction of the price of regular-sized electric cars. The…
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