this post was submitted on 29 Nov 2023
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Technology
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Just need to start doing away with fuel subsidies
Ah yes those fuel subsidies keep the up front cost of vehicles so high… (sarcasm)
Get a new one liner that’s contextually correct. Or is that the point, to be a pointless broken record.
The higher up-front cost of an EV can be justified when you consider the lower running costs. If gasoline costs more and outpaces any rise in electric costs, the running costs gap is that much wider and the up front costs are easier to overlook
How many people can't finance that though, they are going to be on a ridiculously high interest loan that will way outstrip the fuel savings.
The second hand market won't be there for years (you can get a just about works petrol car ridiculously cheap) and who knows what their batteries will be like at that point