
One topic family members might want to steer clear of this holiday season is the debate between driving an electric vehicle or one with an internal combustion engine (ICE). While said in jest, there’s some truth to it—each side tends to dig in deeper as the discussion heats up.
However, the problem with the electric versus gas vehicle argument is that it’s being fought to the extremes. Most consumers aren’t against the idea of an electric vehicle. The U.S. Energy Information Administration (EIA) reported that the market share for battery electric vehicle (BEV) sales rose to a record 8.9% in the third quarter of 2024. And that market share is even higher among luxury car owners.