Preparing for the Shift to Electric Vehicles

Electric vehicle (EV) purchases in the U.S. rose for the fifth straight year in 2021. But according to reports, with EVs comprising just 4% of new sales, there’s a long way to go to reach the Biden administration’s target of EVs being 50% of new sales by 2030. Congress’ recent authorization of $5 billion to fund construction of 862,000 new EV charging stations nationwide could reduce consumer hesitancy.

In its latest manufacturing and energy industry outlook, OMA Connections Partner RSM highlights the EV goals of all major auto manufacturers. The firm says original equipment manufacturers and their suppliers should continue to invest in technology to better predict and respond to supply chain and manufacturing shifts as the industry continues to move to EVs. 1/13/2022