By Chris Fuchs | ESPN.com | October 12, 2018 3:08pm ET The electric car market has been booming.
But a recent report by the US Department of Energy says that it will take a while before electric vehicles are widely available in the United States.
That is because, even though electric cars have been making inroads into the market for decades, they are not widely used by the general public, and the cost of buying a car is high.
The report says that by 2040, the US population will only have about 10% of its current car-buying power from electric vehicles.
“This is a major hurdle to achieve widespread adoption, given the relatively high cost of owning and maintaining an electric vehicle,” the report said.
The DOE’s report said that it found that in 2040 electric vehicles would account for about 4% of car sales, compared with about 3% today.
The study also found that, over the long term, the average cost of electric vehicle sales would likely be $3,800 per vehicle.
The findings from the report were released Thursday, and it comes at a time when Tesla is launching a new electric car, the Model 3, which will cost about $37,000 in the US.
The Model 3 will go on sale later this year in California.
The electric cars are getting attention from some lawmakers.
Sen. Chris Murphy, D-Conn., has introduced a bill that would require automakers to include charging stations in electric cars, as well as incentives to help pay for those stations.
“The future is not going to be electric cars,” Murphy told ABC News.
“It will be electric charging stations.
And it’s not a bad thing that we have electric charging facilities.”
However, Tesla said it doesn’t plan to include any of those charging stations on its new vehicles.
The company has a number of other plans for its future electric car plans.
The automaker said in a statement that the electric cars will “enable more people to access transportation options that were previously inaccessible.”
Tesla is expected to unveil a new car at the New York International Auto Show in October, but the company hasn’t said when or where.