The Great Debate: Why EV Owners Are Going Back to Gas! (Kevin Hunter the Homework Guy)
If Electric Vehicles are so great, why do more than 40% of EV car owners reportedly want to return to ICE vehicles on their next vehicle purchase? Join Kevin Hunter The Homework Guy to get the FACTS
SUBSCRIBE ON YOUTUBE / kevinhunter #Car #dealership #cars #usedcars #carsforsale #TheHomeworkGuy THE BEST CAR BUYING ADVICE YOU CAN FIND is published by The Homework Guy Team (THG)! We’re the team of Auto Experts, Finance Gurus, and Car Pricing Strategists that well over 45 Million Car Buyers have come to know and trust.
VISIT OUR WEBSITE: https://thehomeworkguy.com
WANT TO LEAVE A TIP FOR THE HOMEWORK GUY TEAM?
https://www.paypal.me/consumeradvice or https://cash.app/$TheHomeworkGuy
WE THANK YOU IN ADVANCE! WE APPRECIATE YOU SUPPORTING OUR MISSION!
JOIN US ON OTHER SOCIAL MEDIA!
Facebook: / thehomeworkguy
Twitter: / thehomeworkguyz
Are people second-guessing their electric cars? Are EVs really the future of transportation as some say they are? Let's uncover the 7 startling reasons why EV owners are considering a return to gas cars.
Reason number 1: The reliability riddle of EVs. Many drivers switched to electric vehicles (EVs) for their promised simplicity and reliability. With straightforward powertrains, fewer maintenance needs, and no oil changes. On paper, EVs should be more dependable. However, reality tells a different story. Consumer Reports found that EVs cause 80% more problems than gas-powered cars. Battery performance and charging issues top the list, followed by frequent infotainment and software glitches.
Reason number 2: Home charging hurdles. Charging at home should be convenient and cost-effective, but that's not been the typical experience. The standard Level 1 charger is too slow for most EV owners, prompting many to upgrade to Level 2 units. Yet, a JD Power study showed a drop in satisfaction due to rising electricity costs. The Energy Information Administration reports that average residential rates increased from 13.72 cents per kilowatt-hour to 16.21 cents in October 2023—a 10% hike. Throwing in a little comedy into the mix, somebody produced this meme, saying “Electric vehicle owners should ONLY be allowed to charge their cars using wind or solar power, otherwise it’s just pretend.”
Reason number 3: Public charging problems. For those without home chargers, public charging is the only option, and it comes with its own set of challenges. While urban areas have decent networks, suburban regions simply don’t, making long-distance travel tricky. On the subject of public chargers, even the fastest public chargers can't compete with the quick refueling of gas cars, and charging costs can easily match or exceed those of gasoline. Plus, public chargers are known to malfunction.
Reason number 4: The high cost of repairs. Post-crash repairs for EVs are expensive. Research from CCC Intelligent Solutions shows average repair costs for EVs are 56% higher than for traditional cars. EVs require specialized repair shops and trained technicians. Materials like aluminum and the complex lithium-ion batteries add to the cost.
Reason number 5: Insurance implications. Insurance for EVs is very pricey. Full coverage for a Tesla Model X can cost over $4,000 a year, double the market average. Even more affordable EVs like the Tesla Model 3 and Chevrolet Bolt EV have higher insurance costs than gas-powered counterparts. Factors include the high price of EVs, expensive repairs, and the fire risk from lithium-ion batteries, leading insurers to declare total loss more often.
Reason number 6: The range worry. Range anxiety remains a major issue. Some are saying that it’s only the first 15 minutes that are enjoyable in an EV because you spend the rest of your ride anxiously looking for a charging station.The charging network is still underdeveloped, and most EVs can't exceed 300 miles on a full charge. Real-world performance often falls far short of manufacturer estimates, and fast chargers usually only fill up to 80%. Cold weather and heavy use, like towing, further reduce range. For example, a test by AAA showed an F-150 Lightning's range dropped by 24.5% when hauling just 1,400 pounds.
Reason number 7: The price and depreciation dilemma. Despite discounts, EVs are still a lot pricier than gas cars, with an average cost of over $53,000—15% more than the average car in 2024. EVs also depreciate faster, losing about 50% of their value over 5 years compared to 39% for gas cars. For instance, a Tesla Model S depreciates by 55% in five years, while a Toyota typically only loses 25% over 5 years.
With these reasons in mind, it's no wonder many EV owners are returning to internal combustion engines.
Смотрите видео The Great Debate: Why EV Owners Are Going Back to Gas! (Kevin Hunter the Homework Guy) онлайн без регистрации, длительностью часов минут секунд в хорошем качестве. Это видео добавил пользователь Kevin Hunter The Homework Guy 20 Июнь 2024, не забудьте поделиться им ссылкой с друзьями и знакомыми, на нашем сайте его посмотрели 3,46 раз и оно понравилось 29 людям.