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Old 02-03-2023, 03:25 PM   #368
Martinjlm
Retired fr GM + SP Global
 
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Drives: 2017 Camaro Fifty SS Convertible
Join Date: Mar 2017
Location: Detroit
Posts: 5,942
Quote:
Originally Posted by snizzle View Post
That's because so far it's largely affluent buyers buying a technological toy (w/detached housing + garages + 240v home chargers). What does the apartment renter parking on the street living on the 5th floor do? I don't know about your region but all they're building around me are planned communities or apartment buildings, stacking folks on top of each other. I don't see any chargers.
It’s mainly single family home dwellers, whether they are affluent or not. The top selling EVs by a long shot are, in order
  1. Tesla Model 3
  2. Tesla Model Y
  3. Ford Mustang Mach E

All of them have models that cost less than a Camaro SS. So unless we consider Camaro SS a car only purchased by affluent buyers, I think we can retire the “EVs are only for rich people” mantra. You are absolutely correct though that people living in multi-dwelling locations are less apt to buy an EV. I literally just got off of a Teams meeting scoping a project for a client that wants to understand more about when/where/cost for charging in multi-family dwelling locations. So my team will be studying that over the next several weeks.
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