Electric Vehicle Investment and Race

Electric Vehicle Investment and Race

Electric Vehicle Investment and Race

06/26/20

“What is the overlap between electric vehicle investment and racial inequality?”

 

For the past two decades, major governments all over the world have been heavily investing in electric vehicles to enable mass adoption. However, their current high price means that only wealthier individuals will be able to afford them and that people from systematically oppressed racial backgrounds will benefit from these far less. Although it is true that enabling further penetration of EVs into the vehicle fleet will bring their prices down for everyone, there needs to be understanding that there is a connection between Electric Vehicle Investment and Race.

And don’t forget, #BlackLivesMatter

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