BIGGEST PROBLEMS with Electric Cars (watch before buying one)

You’ve finally decided to buy an electric car  and participate in the EV revolution? Are you   100% sure? Because, even though carmakers are  advertising their new EV models as technological   wonders of tomorrow, they are also missing  to tell that electric cars are anything but  

Flawless. Limited range, low reliability  ratings, fire concerns and high prices are   just a few things that come to mind . Owning  an EV requires a lot of compromises to be made,   so may want to reconsider your decision. Check  these 9 biggest problems with electric cars,   and then think again: Number 9: Range  

When we think of electric cars, things that come  to mind are zero emissions and sustainability. EVs   are seen as the cure for a greener future.  But, just like with any other medication,   there are side effects. In this case, we have a  term called range anxiety, as the biggest worry  

Of every EV owner is if there’s enough battery  left to make it to the next charging station.   The last few years have brought massive  improvements in terms of battery technology and   autonomy. But, the numbers are still miles behind  traditional internal combustion cars. While there  

Are EVs that can make way over 300 miles, most  of them are way more modest and usually offer   a little bit of 200 miles between the charges,  but only in ideal conditions. The problem with   batteries is that their performance is determined  by outside factors a lot. Things like temperature,  

Driving style, hard exploitation and use of  in-car electronics can drastically decrease   the autonomy. Not to mention that batteries  degrade over time and lose their capacity.   In other words, EVs may be a great solution for  short-distance commuting. But when it comes to  

Longer trips, it’s still hard to rely on them,  unless you like to hang out on charging stations,   which leads us to the next problem with EVs. Number 8: Charging Infrastructure   The cheapest and most convenient way to run an  EV is to charge it at a garage. The only problem  

Is that a huge percentage of Americans live in  apartments or simply don’t have one. For them,   charging stations are the only solutions and,  unfortunately, there aren’t enough of them.   Of course, things are much better in cities  and populated areas in general. But, even there  

We can see often see long lines of EV owners  waiting for their turn. In rural areas, things   are even worse, because the charging network is  anything but developed enough. In some cases,   EV owners are forced to make tens of miles just  to get to the charger and that’s anything but  

Convenient. And, as investors don’t see any profit  in installing chargers in low-populated areas, we   are pretty sure this won’t change anytime soon. Number 7: Charging Speed   Even if you have a charging station nearby, that  doesn’t guarantee seamless charging sessions.  

Because public chargers are far from perfect.  Sometimes they don’t work at all but even   when they work, there’s a problem with charging  speed. The number of DC fast chargers is limited,   so there’s a probability you may end  up with a slow one. Even if you get it,  

Don’t expect things to happen as fast as  they do when you’re refueling your gas tank.   This is arguably the least likable thing about  electric cars. They are nowhere near as convenient   as gas-powered cars. A typical refueling session  at a gas station takes no more than a couple of  

Minutes. In the case of EVs, even the fastest  charger will take 20 minutes to half an hour to   charge 80% of the battery. That’s something that  requires a complete change of lifestyle and the   problem with EVs is in the fact that they are not  offering any kind of compensation for this lack  

Of convenience. They are not cheaper, nor more  reliable than gas cars, and come with several   more flaws we will talk about in a moment. Number 6: Towing and Hauling Performance   We already mentioned that the max range can  vary a lot with electric cars and where EVs are  

Particularly vulnerable is heavy exploitation,  such as towing, hauling, off-roading etc. And,   if we consider how pickup trucks and SUVs are  popular in America, there’s no doubt this is a big   no-no for a great number of potential customers. To corroborate this claim, we will refer to a  

Couple of tests that have been taken recently.  For example, the AAA Automotive Engineering   research team took the all-electric Ford F-150  Lightning and loaded it with 1,400 pounds of   sandbags. It turned out that the range drops  down significantly when dealing with such a load,  

Considering that testers were able to make just  210 miles, even though the claimed autonomy is   nearly 300 miles. That’s a 30% drop! Things seem even worse when it comes to   towing. Namely, the MotorTrend journalists tried  the same pickup with three different trailers,  

Ranging from 3,100 to 7,200 pounds. Even  with the lightest trailer, they made no   more than 115 miles with a full battery, while the  7,200-pound trailer allowed no more than 90 miles,   which clearly indicates that electric pickups  definitely aren’t meant for hard work.  

Number 5: Reliability Issues EVs are a new thing and despite the massive   effort, engineers still need time to work things  out. And, just like any new technology, this one   also brings numerous problems. So, although the  theory suggests that EVs should be more reliable  

Than internal-combustion counterparts, due to  the fewer parts, the reality is the opposite.   According to the latest Consumer Report survey,  which included more than 330,000 vehicles produced   in the last 23 years, electric cars cause  80% more problems than gas-powered vehicles.   Of course, batteries are the main cause  of problems, whether it’s about charging,  

Degradation, or overall performance. But, EVs also  have massive software issues, due to their massive   reliance on digital technology, whether it’s  about infotainment systems, range estimation,   or the overall integration of different  systems you can find in a modern car. Finally,  

Let’s not neglect those numerous complaints  about the build quality of most EVs.   Number 4: High Repair Costs Of course, new EVs come with a relatively long   warranty. But, what to expect when the warranty  expires? Even worse, what to expect in case you  

Have an accident? That’s when things can become  really bad because, EVs cost way more to repair   compared to internal-combustion cars. According  to auto data company CCC Intelligent Solutions,   EVs cost 56% more to repair than ICE cars, with  the average repair paid $6,587 in the last year,  

Compared to $4,215 for internal combustion cars. The limited number of shops and trained   professionals who can repair your EV is one of  the reasons. But, the more problematic are parts   and specific repairs. Moreover, many parts can’t  be fixed because they are welded in the vehicles,  

So they need to be replaced instead.  Even the smallest collision can cost   you thousands of dollars, as most EVs are  made from aluminum, rather than steel.   Finally, here majesty – the battery! As you know,  batteries degrade and most manufacturers offer an  

8-year or 100,000 warranty which means that,  at some point, you will have to replace them   and pay a sum that will probably be way higher  than the actual value of your used electric car.   Number 3: High Insurance Cost Questionable reliability, high repair  

Costs – it’s hard not to expect a chain reaction.  For these and a few more reasons, there’s another   thing you will have to pay extra as an EV  owner. Yes, we are talking about car insurance,   because EV insurance premiums can be 60 to 75%  higher compared to internal combustion cars. On a  

Yearly basis, that’s a difference that measures  in hundreds, if not thousands of dollars.   If there’s something insurance companies know to  do, that’s the risk estimation. With that in mind,   such high premiums don’t surprise at all,  considering lower reliability ratings and higher  

Repair costs. Moreover, there is also the factor  called “days off-road”, which is higher and which   refers that EVs generally sit longer at repair  shops. Finally, don’t forget the price of new EVs,   which are still notably higher compared to  internal combustion cars. For insurance companies,  

Higher price automatically means higher premiums. Number 2: High Prices   Many electric cars qualify for a $7,500 federal  tax credit. Manufacturers are also offering   massive discounts and, as we are currently at  the stage of oversupply and huge dealer markups  

Are gone, it doesn’t surprise that EVs have  become significantly cheaper over the last year,   by more than 18%, according to some sources. But  even with this massive price drop, they are still   way too expensive. Although there are some EVs  that cost under $30,000, most of the current offer  

Is about super-luxurious, high-performance cars.  As a result, the average price paid in August was   $55,000, which is notably higher compared to  the industry average, and significantly higher   compared to the biggest EV alternatives – hybrids.  Namely, the average price paid for hybrids was  

Around $39,600, so the current trend where the  hybrid market grows faster than its all-electric   counterpart doesn’t surprise at all. Another problematic aspect of EV prices   is the fact that things are changing rapidly. EV  technology is on a swing and advances quickly,  

So we wonder if spending thousands of dollars on  something that could become outdated in just a   couple of years makes sense at all. Number 1: Price Depreciation   As a car gets older, the probability  of costly repairs is getting higher,  

And that’s one of the main reasons why  cars depreciate in general. And with the   aforementioned reliability issues and high repair  costs, it doesn’t surprise that EVs depreciate at   a higher rate than traditional internal combustion  cars. , no one wants to buy a used EV and then sit  

And wait to pay a fortune for a new battery. On average, the depreciation rate is nearly   50% but many models lose even more of their value  over five years. For comparison, hybrid cars lose   about 38% of their value over five years.  Pickups depreciate at an even lower rate,  

While some gas-powered cars, such as the Porsche  911, can preserve over 90% of their initial value.   With all that in mind, it doesn’t surprise  that the used EV market hardly exists at the   moment. With all that in mind, we don’t think that  buying an EV is a smart investment at the moment.  

Wanna know why EVs catch fire? Check  out this video! See you there!

You’ve finally decided to buy an electric car and participate in the EV revolution? Are you 100% sure? Because, even though carmakers are advertising their new EV models as technological wonders of tomorrow, they are also missing to tell that electric cars are anything but flawless. Limited range, low reliability ratings, fire concerns and high prices are just a few things that come to mind . Owning an EV requires a lot of compromises to be made, so may want to reconsider your decision. Check these 9 biggest problems with electric cars, and then think again.

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