Chart: EV ranges are growing, but at a cost

Range anxiety, a nervous malady afflicting early-21st-century electric-vehicle drivers and would-be owners, is being cured by better and bigger batteries with storage capacities that have consistently grown year by year.

EV driving range has been increasing roughly 10 percent per year since 2018, according to BloombergNEF, due to a combination of bigger batteries, improved efficiency, and increased prevalence of larger vehicles.

According to the research house, the average range of EVs globally grew from 143 miles to 210 miles between 2018 and 2022. Range figures in the U.S. are even higher because Americans favor bigger vehicles with larger batteries.

The soon-to-be-delivered Chevrolet Silverado electric pickup has a 200-kilowatt-hour battery pack and a range of 400 to 450 miles…

But there’s a downside to the longer ranges that come from these larger vehicles — they require big, heavy batteries that put more strain on an already stressed EV supply chain, sucking up hard-to-source materials such as lithium, cobalt and nickel.