Previous threads:
Are Electric Vehicles About To Sweep The Country?
Started by metmike - Feb. 27, 2023, 1:50 a.m.
https://www.marketforum.com/forum/topic/93452/
Tesla getting obliterated
26 responses |
Started by metmike - Dec. 20, 2022, 6:44 p.m.
https://www.marketforum.com/forum/topic/91607/
https://www.citywatchla.com/index.php/cw/important-reads/26455-the-ev-scamdemic
Energy transition is a hoax
Started by metmike - April 15, 2023, 5:50 p.m.
https://www.marketforum.com/forum/topic/94557/
Lithium Batteries, Cobalt and the Congo
Started by joj - Jan. 5, 2023, 7:53 p.m.
https://www.marketforum.com/forum/topic/91944/#91950
NEW: Electric cars are not the solution: Our mechanical engineer chimes in with great points. November 2022 https://www.marketforum.com/forum/topic/90429/
California tells electric car owners NOT to charge vehicles. Energy crisis in California because of unreliable, fake green/anti environmental energy!September 2022 https://www.marketforum.com/forum/topic/88534/
Despite numerous federally sponsored incentives, electric vehicle adoption rates remain low for a variety of reasons. Even with major advancements in EV technology, recharging batteries still takes hours, while filling up gas tanks takes minutes. Coupled with a limited network of charging stations, EVs continue to be a hard sell. Even the majority of current EV owners still rely on gas-powered vehicles—78% own a second gas-powered car to supplement their transportation needs.
Future demand isn’t there either. A new AP-NORC poll found only 19% of Americans are “very likely or extremely likely” to go electric. Gallup similarly poured water on the enthusiasm claim, suggesting Americans are “slow to adopt electric vehicles.” More troubling for EV backers: Even if this push was possible, the U.S. Energy Information Administration (EIA) forecasted just 9% of U.S. vehicles would be electric by 2050.
The administration displays tone deafness by touting expensive alternatives to reliable gas-powered cars. Many Americans are struggling to afford eggs and meat in the inflationary economy. It’s highly unlikely lower and middle-income folks are planning to purchase a car with an average cost of $54,000. The availability of taxpayer subsidies doesn’t change that equation. To date, most EV drivers are in households that make at least $150,000 per year or more. In states like Mississippi, where the median income is around $50,000, EVs are cost-prohibitive and regulations like the proposed Biden standards will only make those costs go up
Early adopters have seen huge amounts wiped off the value of their purchases
https://www.telegraph.co.uk/money/consumer-affairs/electric-car-price-fall-second-hand-tesla-bmw/