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Electric vehicles have made significant strides in the market, but still the number on the road compared to gasoline vehicles is quite small, only a few percent at best. Sure, companies like Tesla, Nissan, and GM are making inroads in the market, but it’s still in its infancy and has a long way to go. There are some barriers to the dream of everyone driving an electric car in the future. Let’s address some of these.

Here are five issues to consider and challenges for EVs (electric vehicles) if they are to compete in the number of gasoline-powered cars made each year:

1). Road Tax Subsidies: In many states, motor vehicle departments give registration discounts for electric vehicles, meaning other car owners pay more, with some states noting they can’t handle the reduced revenue, so that those tax breaks will soon be gone, again removing the incentives to buy a vehicle. EV, at a time when the EV market is starting to take off.

two). Electricity Costs for Consumers: Consumers are now being charged more for electricity due to alternative energy power grid electricity mandates. During times of drought, hydropower dwindles, and solar farms are typically placed in areas far from major metro users, meaning more transmission lines are making their way into the desert and costing billions of dollars. + energy is lost for every mile of transmission. The cost of solar energy is not cheap, nor is the cost of wind energy. Although both are becoming much more efficient, many of the previously built solar and wind farms need a decent ROI and their costs were higher than the costs of building new ones now. Rising electricity costs change the value and costs for consumers who charge their cars at home.

3). Electric car range: Advocates say it’s improving by leaps and bounds, TRUE. However, people have friends who have electric cars and have heard that their range is not as good as previously promised. That customer sentiment and perception is a public relations problem for the EV industry to overcome and will take time to reverse, hurting sales in the short term.

4). Lack of charging stations: Advocates point out that Tesla is working on this issue of EV charging stations, and yes they are, it’s good for them, but not everyone has a Tesla or can afford one. As the price drops, can Tesla still offer this? What about other smaller EV buyers, because if we want full adoption, people need charging stations to be able to take trips, not just drive locally? Electric vehicles limit consumers’ travel options, and since these vehicles cost more on average than regular cars, people will continue to buy what they’re used to. The electric vehicle industry will need to sell several million cars a year before full adoption is achieved.

5). Charging time – Advocates point out that EVS charging time is being drastically reduced, yes, but again, the perception is not yet in the minds of consumers. And not all electric cars are built the same or have similar battery technologies that allow them to charge faster. Being out of juice and having to wait to drive your car is the same as being “stuck” and consumers hate the idea of ​​it.

As we speak, engineers, scientists, and industry professionals are working on these things, but there’s a long way to go, that means a lot of benefits, yes, but there’s still a long way to go. Please consider this.

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