By 2040, experts predict that 55% of global new car sales and 33% of the global vehicle fleet will be lectric. The transition to electric vehicles and electrified transportation is in progress, and prioritizing the needs of low-income consumers will be essential if the potential benefits of electric vehicles and electrified transportation are to be realized and shared. The transition to electric vehicles (EVs) should move ahead in a way that is consistent with equity, strong consumer protections, sound electric utility rate design, and fair infrastructure investment cost allocation principles. Low-income consumers must not disproportionately bear expenses or risks that accompany the transition to electrified transportation. Positive outcomes for all, even the most vulnerable, will also help to earn support for the transition to EVs and broader electrification of transportation.