Electric Cars: Thriving in an Artificial Market?

2017 Chevrolet Bolt

Are electric cars being force-fed to an unwilling American public? Through the first 11 months of 2016, Americans have purchased about 130,000 electric vehicles. That sounds pretty impressive, until you compare that to the nearly 16 million cars sold in the U.S. so far this year.

While it feels like electric cars are gaining traction here, the truth is that they account for only a tiny fraction of total sales and hold a minuscule portion of market share.

So why are automakers continually announcing plans for new electric cars and touting them as the future of American transportation?

Because California says so.

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