3 Main Problems Driving Electric Vehicles and How They Will Be Solved Short Term
Many drivers are thinking about whether to take the leap to buy an electric vehicle but are still concerned about some issues surrounding the EV ecosystem.
When choosing to switch to electric, problems such as the higher car price, limited range, and charging infrastructure availability are heading many people off. But these issues are not so worrying and they will be solved shortly.
Here are the main three that worry us most and their short-term solutions.
1. Expensive to buy
EVs are expensive to buy right now mainly because they are a high technology product, their production is still low, and the supply chain is not ready for such a massive new product category.
Compared with their internal combustion engine equivalents, battery electric vehicles are still more expensive. They can only compete in the luxury segment where high prices can mask the differences. Supply chain components for battery manufacturing and low production volumes hold prices high while car brands try to convert their processes and ramp up production to be able to lower prices.
