When the very first cars were built, only the rich could afford it, but now a large part of the population (in developed countries) has one or more.
What do you think will be such an evolution in the future?
When the very first cars were built, only the rich could afford it, but now a large part of the population (in developed countries) has one or more.
What do you think will be such an evolution in the future?
I am in Europe. You have to look past the purchase price.
What I did was to compare the price of buying €3k beater cars throughout the next ten years versus getting an only slightly used EV for €21k that I expect to drive for the same period.
The purchase price is 7 times higher, yes, but the savings on fuel, taxes and financing makes up for it it less than 6 years in my case.
So in short, I had a pretty easy choice in getting an almost new EV instead of continuing buying and repairing scrap cars as I’d previously done for the same reasons.
My car tax (VED) is £20 a year, Vs £0 on electric. Fuel and the extra £20 tax a year doesn’t equate to the cost of an EV just yet.
EVs are definitely still a luxury, poor people aren’t going round with EVs.