This article explores how a growing electric vehicle fleet, accelerated by other mobility trends such as shared and self-driving cars, could affect power and utility companies’ possible choices.
We lay out why EV adoption may be at an inflection point, examine how the emergence of a new mobility ecosystem could create a symbiotic relationship between EVs, autonomous vehicles, and ridesharing, and look at how electric companies might turn these trends to their advantage. Last, informed by a new Deloitte survey of industry executives, we lay out some of the key steps utility executives can begin taking now to capitalize on an increasingly electric future of mobility