this post was submitted on 08 Nov 2023
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Technology
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EVs are the highest growth sector for personal vehicles but are growing a little less than expected, and we can’t make big profits yet
This is a huge point. The other considerations are: EVs are balls expensive compared to ICE counterparts and often require $500-2k worth of electrical work at your house (assuming you even own it) to put in a charger. If you live in an apartment, good luck.
And oh, btw, the chargers aren't standard. Each charging site has different plugs, apps you have to download, etc. Then there is the lack of charging stations that highlights the range anxiety people have with EVs.
Adoption would be so much faster if EVs cost $15-25k and there were adequate standardized charging options available.
I live in a high cost of living area so getting my charger installed was quite a bit more. However, it was slightly less than the cost of the new range/oven circuit I also recently had done. So, I guess it’s as affordable as anything is here