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Old 09-03-2023, 10:50 AM   #882
el ess A
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Drives: 2010 & 2013 Camaros
Join Date: Apr 2010
Location: Aiken, SC
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Not even going to mention the additional 12 billion dollar government injection that's being talked about being done for the flagging EV market.

This goes back to the fact that if EVs were such a great idea, people would line up to buy them. But they're not. A 55% increase in sales from last year doesn't impress me when you're making 3% of the market share. Going from 3 to 6 isn't what I'd call fantastic when you look at real numbers.

The biggest factor, in my opinion is "fear of running out" and the reality of actually owning an EV. People don't trust an EV thinking they'll run out of juice on a trip leaving them stranded. Mainly due to the infrastructure not up to par to support charging stations in more places. Then, people think they can buy an EV for $45K or so, when the real cost of them is 60 or 70 thousand. At some point, the purchase subsidies will stop. And when they do, so will EV sales.

And one more issue that I didn't give much thought to until the hurricane hitting Florida was you don't want to escape in an EV. The salt water and battery interaction has already burned up a few cars that flooded out with salt water. Not good.

I believe EV's won't be really viable until they figure out the cost of the batteries and the makeup of the batteries. New technologies are coming. We'll just need to wait and see how they pan out.
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