Sales for electric vehicles in the U.S. and worldwide will reach their highest levels ever this year. But a big sticking point remains. Even with tax incentives and rebates, the price for EVs is still thousands of dollars higher than their gas-guzzling cousins. The Biden administration set 2030 as the goal for when half of all new vehicles sold would be electric powered. The question is, can we get there? Duncan Wood, vice president for strategy & new initiatives at the Wilson Center, a non-profit thinktank, joins The Excerpt to talk about the possibilities and what it will take for this growing market to mature.

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