
First, the good news for all of the manufacturers, auto dealers, utilities, and state and federal legislators who’ve staked their futures on electric vehicles (EVs): incentives work and adoption rates are rising nationwide. According to the latest data from the J.D. Power EV Index, EVs now account for 8.6 percent of the total new-vehicle purchase and lease market, driven in large part by new incentives that have made EVs more affordable.