As the automotive industry is transitioning toward greener energy, electric vehicles incentives and rebates have swept the nation. However, drivers are reporting concerns about trading in their gas-powered vehicles for a more sustainable alternative.
According to a recent poll from Ipsos and Yahoo Finance, 57% of respondents said they would not likely purchase an EV as their next car, citing high costs, limited driving range, and few charging stations as their top reasons.
Here is a look into some of the primary reasons why drivers are hesitant to purchase EVs.
High purchase price and expensive to repair
One of the most significant deterrents for potential EV buyers is the higher up-front cost compared to traditional vehicles that run on an internal combustion engine, as well as costly repairs and maintenance.
The average transaction price of a new EV is $50,683, according to Kelley Blue Book data, which is down significantly since September 2022, when the average price came in at $65,295. But EVs typically do cost more upfront, according to an AlixPartners report last year. The raw materials needed to manufacture an EV are 125% more costly than those needed to produce a comparable internal combustion engine vehicle.
The tools needed for EV repairs often can make maintenance and are often more costly, another factor discouraging consumers. Recently, Edinburgh Live conveyed a story about a couple who reportedly received a repair bill of £17,374 ($21,166 USD) after driving their Tesla through the rain in the Scottish capital.
The Washington Examiner reached out to Tesla to discuss the average cost of repairing rain damage to their vehicles.
The myth about how great they are for the environment is a big factor for me—the massive amounts of earth that are moved to get the minerals for just 1 battery-the countries that have these minerals are not exactly environmentally friendly by any means (or friendly to our country) , not to mention using essentially slave labor-including children…to do the mining. I have several relatives that have Tesla’s…yes, they are fun to drive, but the whole trip is planning on where to stop next to charge…one relative had a fender bender when they were hit from behind $7,000 and took months to get fixed. No thank you.
if the battery goes bad in an ev , it is usually way more than you paid for the whole car new.
As all the facts come out, there is no rational, truly defensible explanation for owning an EV. Those facts are actually the firm basis for deciding not to own one.
PRICE, PRICE AND PRICE.
Me e is paid for, and I can’t afford another bill.
It’s a bad deal all around.
They worked their asses off to get their Gas guzzlers & Not Giving them up for Democrat Sickos !!!!!