Harvard Study: US EV Sales to Hit 38% by 2030 Despite Policy Shift
New analysis from Harvard economists raises US EV sales forecast to 38% by 2030, even after federal policy reversals.
A new analysis from Harvard economists predicts that electric vehicles will capture 38% of new car sales in the United States by 2030. The figure marks an upward revision from an earlier estimate of 32%, suggesting that market forces are pushing adoption faster than previously expected.
The study comes against the backdrop of a sharp reversal in federal energy policy last year. Despite that policy shift, the researchers calculate that EV sales will accelerate rapidly over the coming years, driven by factors such as falling battery costs, consumer demand, and state-level initiatives.
The revised forecast underscores the growing resilience of the EV market in the face of political headwinds. While federal support has waned, the analysis points to sustained momentum that could reshape the US auto market within the decade.
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