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The Fine Print I:
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The Fine Print II:
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Rapid technological change, new market dynamics, and global action to mitigate climate change is driving a historic shift toward electric vehicles (EVs) in the automotive sector. Although hybrid electric vehicles have been part of the U.S. vehicle fleet for more than two decades, and some mass-market EVs have been available for over a decade, battery electric vehicles (BEVs), which are powered exclusively by a battery and an electric motor, currently make up a small part of U.S. auto sales. And the batteries and other drivetrain components in BEVs are largely made by non-U.S. suppliers. The coming shift toward BEVs is a transformational change to the industry that is by now inevitable.