Jun 22, 2024 07:16 AM
(June 13) EV owners are flocking back to gas cars... here's why
https://youtu.be/OprBrJ2qrnM
EXCERPTS: 40% plus of us EV buyers want to go back to combustion engine cars, a new study says. And it's no surprise in the United States why they're doing this. The buyers who have EVs want to go back, due to charging concerns. Those charging concerns are especially much more amplified in colder climates.
[...] So I mentioned how bad the infrastructure is in the United States, but when asked globally, only 9% of the respondents felt the public charging progress was sufficient for their needs. They're saying next generation EV buyers rely on public charging much more than the current generation.
Let's say most of the EV buyers right now have a home -- I would say 99%. But in order to get the EV threshold that the governments are really pushing, you have to attract people who are living in condos and apartments that don't have access to charging at home. They will have to charge publicly.
When you charge publicly the cost of energy skyrockets. Let's say it's 15 cents per kilowatt hour at home, and and then when you go to public charge it is 50 cents. That's not uncommon, especially in California...
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(June 21) EV sales have plummeted in Europe - What about the USA?
https://youtu.be/L_wFPueAA4w
SAMPLES FROM THE COMMENTS SECTION:
Nobody in the EU can afford this E-Crap! Low range and expensive electricity.
If you aren't interested in a used 5-year smartphone, then chances are you won't be interested in a used 5-year-old EV. Disposable electric vehicle and software.
They are filling them up with so much unnecessary technology, and then charge extra for it. EVs are too expensive to “save the world”.
I am NOT buying EVs until they design one that lasts 250,000 miles without needing major repairs.
I saw many cars on the side of the road today. The temperature reached 40°C 104F, I guess they can't cool the battery fast enough, before they run out of juice.
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(June 16) Why EVs are losing their spark: A deep dive into the declining interest
https://youtu.be/eErkfE7Ecp0
EXCERPTS: Here are nine reasons why.
#9 - Igniting Fear: The electric vehicle industry has recently been rattled by a string of fire incidents often linked to lithium ion batteries. These accidents have stoked safety concerns and influenced potential EV buyers.
#8 - The Affordability of Hybrids: When we talk about practical reasons, hybrids are a significant factor contributing to the dwindling interest in EVs.
#7 - The Reliability Question of EVs: In the early days of EVs, experts touted their reliability due to fewer mechanical parts compared to internal combustion vehicles. However, recent years have shown a gap between theory and practice. EVs have proven to be less reliable than initially thought.
A recent Consumer Reports study encompassing hundreds of thousands of vehicles produced between 2020-23, reveals that EVs are more problematic than gas powered cars. They account for 80% of issues often stemming from their high tech systems, including battery integration and software. Even infotainment systems pose problems. Some critics also highlight build quality issues as manufacturers cut corners to reduce the high production costs associated with battery electric vehicles.
#6 - The Range Anxiety Dilemma: Range and charging anxiety are the top concerns for those who drive significant miles each day.
#5 - The High Price Tag of EVs: Despite recent discounts making EVs more affordable,they still carry a hefty price tag compared to conventional cars. Last year, the average transaction price for an EV was nearly $53,000, while gas powered cars averaged around $42,000.
#4 - The Charging Infrastructure Challenge: Skepticism towards electric cars is growing. With 52% of those unlikely to consider an EV citing problems with charging infrastructure, Data reveals that 70% of those who switch back to ICE cars do so because of charging. Even in developed areas like California, EV owners complain about the lack of fast chargers and their reliability in less developed areas across America. EV owners often have to cover long distances just to get to a public charger.
#3 - The Hidden Costs of Running EVs: Contrary to popular belief, EVs are often more expensive to run than most ICE cars. While charging at home can be cheaper, a home charger can only add 30 to 40 miles overnight in most cases.
Therefore, EV owners are still forced to use public chargers, which are not cheap. Moreover, EVs are more expensive in many other ways. Insurance premiums are significantly higher, and in the case of accidents, EVs are more expensive to repair due to their specific features and lack of trained personnel.
#2 - EVs as Secondary Vehicles: Only 47% say they're likely to consider an EV. In other words, EVs are primarily seen as secondary vehicles and are mainly bought by wealthy households.
#1 -The Speed of Technological Advancements and Buyer’s Remorse: The EV industry is characterized by rapid technological advancements. Each year new models with improved range, faster charging times and enhanced features are introduced.
This fast pace of innovation is exciting, but also leads to buyer's remorse. Buyers fear that their new vehicle will soon become outdated due to these rapid advancements. This fear is causing some potential buyers to postpone their plans to purchase an EV.
https://youtu.be/OprBrJ2qrnM
EXCERPTS: 40% plus of us EV buyers want to go back to combustion engine cars, a new study says. And it's no surprise in the United States why they're doing this. The buyers who have EVs want to go back, due to charging concerns. Those charging concerns are especially much more amplified in colder climates.
[...] So I mentioned how bad the infrastructure is in the United States, but when asked globally, only 9% of the respondents felt the public charging progress was sufficient for their needs. They're saying next generation EV buyers rely on public charging much more than the current generation.
Let's say most of the EV buyers right now have a home -- I would say 99%. But in order to get the EV threshold that the governments are really pushing, you have to attract people who are living in condos and apartments that don't have access to charging at home. They will have to charge publicly.
When you charge publicly the cost of energy skyrockets. Let's say it's 15 cents per kilowatt hour at home, and and then when you go to public charge it is 50 cents. That's not uncommon, especially in California...
- - - - - - - - - - - -
(June 21) EV sales have plummeted in Europe - What about the USA?
https://youtu.be/L_wFPueAA4w
SAMPLES FROM THE COMMENTS SECTION:
Nobody in the EU can afford this E-Crap! Low range and expensive electricity.
If you aren't interested in a used 5-year smartphone, then chances are you won't be interested in a used 5-year-old EV. Disposable electric vehicle and software.
They are filling them up with so much unnecessary technology, and then charge extra for it. EVs are too expensive to “save the world”.
I am NOT buying EVs until they design one that lasts 250,000 miles without needing major repairs.
I saw many cars on the side of the road today. The temperature reached 40°C 104F, I guess they can't cool the battery fast enough, before they run out of juice.
- - - - - - - - - - - -
(June 16) Why EVs are losing their spark: A deep dive into the declining interest
https://youtu.be/eErkfE7Ecp0
EXCERPTS: Here are nine reasons why.
#9 - Igniting Fear: The electric vehicle industry has recently been rattled by a string of fire incidents often linked to lithium ion batteries. These accidents have stoked safety concerns and influenced potential EV buyers.
#8 - The Affordability of Hybrids: When we talk about practical reasons, hybrids are a significant factor contributing to the dwindling interest in EVs.
#7 - The Reliability Question of EVs: In the early days of EVs, experts touted their reliability due to fewer mechanical parts compared to internal combustion vehicles. However, recent years have shown a gap between theory and practice. EVs have proven to be less reliable than initially thought.
A recent Consumer Reports study encompassing hundreds of thousands of vehicles produced between 2020-23, reveals that EVs are more problematic than gas powered cars. They account for 80% of issues often stemming from their high tech systems, including battery integration and software. Even infotainment systems pose problems. Some critics also highlight build quality issues as manufacturers cut corners to reduce the high production costs associated with battery electric vehicles.
#6 - The Range Anxiety Dilemma: Range and charging anxiety are the top concerns for those who drive significant miles each day.
#5 - The High Price Tag of EVs: Despite recent discounts making EVs more affordable,they still carry a hefty price tag compared to conventional cars. Last year, the average transaction price for an EV was nearly $53,000, while gas powered cars averaged around $42,000.
#4 - The Charging Infrastructure Challenge: Skepticism towards electric cars is growing. With 52% of those unlikely to consider an EV citing problems with charging infrastructure, Data reveals that 70% of those who switch back to ICE cars do so because of charging. Even in developed areas like California, EV owners complain about the lack of fast chargers and their reliability in less developed areas across America. EV owners often have to cover long distances just to get to a public charger.
#3 - The Hidden Costs of Running EVs: Contrary to popular belief, EVs are often more expensive to run than most ICE cars. While charging at home can be cheaper, a home charger can only add 30 to 40 miles overnight in most cases.
Therefore, EV owners are still forced to use public chargers, which are not cheap. Moreover, EVs are more expensive in many other ways. Insurance premiums are significantly higher, and in the case of accidents, EVs are more expensive to repair due to their specific features and lack of trained personnel.
#2 - EVs as Secondary Vehicles: Only 47% say they're likely to consider an EV. In other words, EVs are primarily seen as secondary vehicles and are mainly bought by wealthy households.
#1 -The Speed of Technological Advancements and Buyer’s Remorse: The EV industry is characterized by rapid technological advancements. Each year new models with improved range, faster charging times and enhanced features are introduced.
This fast pace of innovation is exciting, but also leads to buyer's remorse. Buyers fear that their new vehicle will soon become outdated due to these rapid advancements. This fear is causing some potential buyers to postpone their plans to purchase an EV.