so you want an electric vehicle;
Endless government subsidies to encourage EV sales seems unable to sway the logical thinking and numerous concerns of average citizens
By Ronald Stein, P.E. | Heartland Institute | August 1, 2023
With new EV inventories beginning to increase on dealer lots, the auto industry has many challenges such as locating the buyers that may have serious concerns about a wide range of issues related to EVs including:
- driving range,
- vehicle reliability,
- price,
- the availability of electricity for the buildout of the charging infrastructure,
- charging time,
- the cost and lifespan of batteries and their environmental impact,
- the actual impact EVs will have on reducing carbon emissions,
- the growing statistics about uncontrollable fires of lithium batteries in EV’s,
- problems with battery recycling and end-of-life management,
- concerns that the EV free ride of usage of highways and not paying fuel taxes is about to end with the Vehicle Mileage Tax (VMT), i.e., more costs for the EV owners of the future,
- concerns that home chargers are destined to follow the UK and be on separate meters so that EV charging will be at higher rates to help stabilize the electrical grid, again more costs for the EV owners of the future.
Another problem for the automobile industry is convincing the buyers that its ethical, moral, and socially responsible to buy an EV, especially since most of the exotic mineral and metal supplies to build the batteries are being mined in developing countries with limited environmental regulation nor labor regulations.......more.......
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