There are Many Problems That Must Still Be Resolved With EVs
Opinion Advocates for ideas and draws conclusions based on the author/producer’s interpretation of facts and data.
A newspaper article stated that EVs “are a market loser, the EV market was created by government, social media, wild disease frenzy, far-flung thinking and the irrational chasing of utopia.”
The CEO of one of the largest car rental companies has been fired because he invested $250 million in the purchase of EVs.
Why? Consumers didn’t want to rent them, forcing the company to sell them off at a deep discount, in a market where consumers are not particularly interested in buying them.
There are many drawbacks to driving one. The up-front cost is much higher; as a result, financing charges are also much higher, plus, they depreciate at a higher rate than gasoline-powered vehicles; insurance is more expensive; repairs are more costly, if you can find someone to do them; tires cost more and wear out more quickly because the car is heavier; recharging is not easy, and a misstep can have catastrophic consequences; the vehicle is more likely to catch fire; if involved in an accident that affects the battery, it can lead to repairs that are costlier than the value of the car; if you rent one for vacation, you have to use a charging station (if you can find one).
Guess I’ll keep my gas buggy. Gas stations are plentiful and I can“filler up” in less than 10 minutes.
Joe Pettit
Yorktown
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