Why EVs Are Piling Up At Dealerships In The U.S.
In August 2023, it took about twice as long to sell an EV in the U.S. as it did the previous January. Prices of EVs are down 22% year-over-year and that's mainly driven by Tesla. About two thirds of EVs sold are Elon Musk's brand. Companies like Ford have ramped up hybrid production as demand has leveled off. While slightly more than half of consumers say EVs are the future and will eventually replace Internal Combustion Engines, less than a third of dealers say so. This all comes at a time when investments in EVs are more than ever. So what's really going on? Watch the video to learn more.
Chapters:
00:00 - Introduction
02:06 - Shifting preferences
05:48 - High costs and uncertainty
10:38 - A trend of a blip?
14:08 - The future
Produced by: Robert Ferris
Edited by: Dain Evans
Camera by: Shawn Baldwin
Senior Managing Producer: Tala Hadavi
Animation: Christina Locopo, Andrea Schmitz
Additional Footage: Ford, Getty Images, Lucid, Mercedes-Benz, Tesla
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
#CNBC
Why EVs Are Piling Up At Dealerships In The U.S.
A major obstacle to EV adoption that is always overlooked is the inability of apartment dwellers to charge at home.
Agree! Not only that, most won’t get an EV without solar panels.
I bought an eV as each apartment dedicated parking lot is able to install personal ev charger. Then they change rules and stop allowing installing because the building lacks electricity capacity. It's really a hassle to wonder around town looking for chargers
I think the assumption is that if you can afford $50k (on average) to drop on one you can afford a place with a garage.
We cannot. There's no facility for it. There's like 2 charging stations in the whole multi-level garage. They're planning to put in more, but it's slow going. Charging stations will be an issue for EV's for a long while. Hybrids are the way to go these days. Especially if they have passive recharging through regenerative braking and solar.
Apartment dwellers largely can’t afford their pet deposits much less electric cars. The chargers would be built If that was an issue.
Prices are too high, and dealerships keep adding more dealership fees. It's ridiculous. On top of that, interest rates don't help.
That part about dealers and the mark up is real. They are literally killing demand.
Talk to the dealers, they're very reasonable, they'll throw in some nitrogen-filled tires for $500.
@@nonyabizness8692 Yep and they are intentionally doing it. You really don't need dealerships but they have to figure out a way to stay in business and keep their jobs.
No competition from Chinese EVs in US. Whereas Europe also terrified of cheap chinese EVs killing their auto industry.
There are Facebook groups that are dedicated to no markup dealers. May have to look around but some cars can be bought for msrp. As for interest rates those are going to be high for a while.
The government isn’t fast enough to patch potholes on the roads. How could you expect to have enough charging stations.
Good point 👉 👈 👇 🤔
Bullseye
And repair the charging station too
Enough charging stations? For 100% EV? The answere is never, just never. Look at Toyota they make/work on a new clean combustion motor. 100% ev is a dream my friends, a dream.
When horses were replaced people said THE car would fail cause thwre was no place to get gas, they were a fire in wheels, who you gonna get to fix one. Peole would never be capable to handle the speed, and they dont run in the cold.
I rented an EV. The biggest issue was anxiety about the range particularly if you’re traveling to a remote location. Lack of charging stations is still a real problem and obsolete ports is a real issue as well.
Im not fond of Tesla, but I do like the fact that they've been steadily slashing the prices of their vehicles, and that you can literally order one straight from your smartphone. No haggling, no excessive unnecessary markups, you don't have to stay there all day, etc... I think its time we allow all automakers to sell direct-to-consumer and cut the middle man.
Absolutely agree Direct to consumer is getting a huge rise in everything beyond just cars, look at how Amazon is doing it and they’re making more money by cutting out the middle man. Sometimes companies chasing profits isn’t a bad thing lmaoo
Tesla is slashing their prices, because they can't sell their pieces of junk.
Can someone correct me if I'm wrong, but if I recall correctly Tesla slashed prices only to qualify for tax credits. In North America Tesla is only reasonable option for a primary car (EV) at least until others will start implement there NAICS plug. In my opinion other EVs are okay if you need commute/city car
My favorite part about tesla is there are no dealerships. You have a few flagship stores that allow you to view and test drive the cars, but even there there’s very few employees and all they do is direct you to a computer to place your order. They are there to answer questions and the bets part is they aren’t commission. I hope there is a future where all new cars are direct to consumers and we see dealerships at least for new cars disappear. I would rather pay taxes than go to any dealership. You are going to end up spending half the day there. Just imagine a world where you can casually use your smartphone or computer, build the car you want, remove add ons if it gets to pricy and then pay. All of this without ever having an employee nagging you. This is 2023 and dealerships are obsolete. Right now there is a pesky law protecting these dealerships, but it seems that teslas has gotten around it, and if we truly meet that all electric goal by 2035, that would be when we could finally rid ourselves of some of the most frustrating times.
As long as dealerships continue to lobby the politicians in DC, this will never happen. The FTC just tried to pass a rule making it illegal for dealerships to lie about the price of a car during advertisements and the politicians in DC said leave the dealerships alone.
A friend of mine pre ordered the lightning in Canada. 75k when he pre ordered, when they wanted to deliver 2 years later, it was 140k. That's why they are sitting at dealerships.
Holy cow lmao
BINGO! The dealers are the problem with EV sales.
@@haywoodmorganjr1326 you think the dealers want to price out buyers? whats wrong with you
I pre-ordered a Pro (45k). When my number came up all that was available was Platinums (95k+), I said no thanks I'll wait. 6 months later, my number came up again... this time only Platinums or Lariats available (75k). I just cancelled the reservation at that point. It's not worth it for the automakers to make the affordable versions for merely a decent profit when they can make the luxury trim levels for a ludicrous profit.
@@Luckmorne "It's not worth it for the automakers to make the affordable versions for merely a decent profit when they can make the luxury trim levels for a ludicrous profit." seems a flawed premise. comparing to combustion... why wouldnt they raise prices across the board (ie with combustion as well), if the intent was to price out buyers and or turn them off of the idea entirely? what am i missing? (besides the "eat bugs and like it" part)
We have the coldest winters in many years here in Scandinavia, some places they never have seen lower tempraturs in recorded history, and the EV's and yeah electric buses that we have struggles big time , the buses often take no charge at all. many EVs is also crazy expensive to repair.
cant imagine if ambulance, fire fighter car has to doing their job in winter, not reliable at all
00:02 EV sales are slowing despite significant investments and government support. 01:58 There is an oversupply of electric vehicles in the industry today that is greater than the demand. 04:28 The market for EVs is facing slower sales and weaker demand 06:25 EVs tend to be more expensive than gasoline vehicles 08:23 EVs offer more certainty in technology and improvements compared to ICE vehicles 10:31 Regional variation and competitive pricing contribute to EV inventory buildup. 12:37 Tesla's aggressive pricing and supercharger network make it difficult for other EV manufacturers to compete. 14:43 EVs are piling up at U.S. dealerships due to lower prices and Tesla's dominance. You Can't Judge A Video By Its Cover. you can by its first few chapters and certainly by its last.
EVs catch fire during charging. People can't charge them at their apartment, or at work. In fact, people are getting fired for charging them at work. You can't drive them in the rain, because any water damage will cause you to have to buy a new car. You can't drive it through frabel, because if the bottom has chips in it, theh will price you a new car. Mechanics are afraid of them, manufactures don't warranty them. In hot weather with AC on, they catch fire. They are hard to charge in the cold, they get half the range in cold, with heat on. They are tracked, so you can't drive them at night or insurance rates spike. The manufacture will not let you charge them if the city requests, because cities don't have the infrastructure. You can't sell them, because the manufacture will shut the car off. If you have a remote charging station, it is a deisel generator that charges it emits more pollution than a car. Cobalt mines are mined by children. It takes a long time to charge them, it's hard to find charging stations around the country. They are extremely ugly and made of notoriously cheap material. I can go on, it's just garbage.
@ZacharyJClark Some of what you said it true but most of what you said is an exaggeration or just straight up false.
I drive mine in the rain and never had a problem. All new cars have GPS systems and can be tracked. It takes less than 30 mins to charge. I have a charger at my house that I installed in less than 2 hours.
www.epa.gov/greenvehicles/electric-vehicle-myths
But yes the cobalt is indeed sourced from pretty much slave labor of men women and children.
This just feels like a dealership cry. They've had their run at gouging customers for unnecessary services and charges and it's now hurting that EV manufacturers sell direct.
dont worry Ev's need service too, and you will pay $200 just to have them plug in the diagnostic computer
Ev’s in the long rung will be more expensive. Electric motors, and batteries do not last forever. I can also see them being electrical nightmares. I stick with my old Toyota.
I've had 60k miles on my ev and the only maintenance was changing my cabin airfilter....
EV cant rib you off at the service counter which these guys has been doing. Some service advisors make 6 figure's for upselling
@@vltruane 120 years old and still works. How will your Toyota be in 120 years time? kzhead.info/sun/i96kZsWbiIFjfok/bejne.html
I'm shocked that the dealership owner, who makes the majority of his money from service, is against EVs that require almost no maintenance. 🙄
Not no maintenance, just none for the motor. You still have tires and brakes to maintain.
Bingo
@@rlseditionEV brakes last over twice as long.
Hahahahaha!!!
An EV is trash one the battery dies though a few years or weather patterns putting stress on the battery. No one offers an EV that can last 30+ years
I live in Texas and EV sales have never taken off. Most dealers don't even have EVs on their lots. Plus, until the price goes down there will be little to no demand in Texas. Texas isn't funding charging stations so if you have one your going to stay closed to home. Once you own one, you'll pay more to charge then buying fuel plus pulling over to charge is a lot longer then pulling over to fuel up.
It's easy to drive thru TX but may not be where you live? Usually do the N route but because of the fires around Amarillo this year took the S route from FL-AZ. Tesla doesn't need TX to fund their very reliable Superchargers. Plus it's less expensive than gas. I spent $230 on charging and gas would have been $300. Of course if you can charge at home it's MUCH less costly.
EV's will never be a large sales item.
Thank goodness we have a relatable person like the owner of a Mercedes dealership to guide us through what we all want in a car.
Even Mercedes EVs seem more practical than Teslas.
He made me cringe
Perhaps CNBC chose to interview a Merc dealer because many EV's are in the same price range as Mercs?
The most humorous is him whining Tesla selling directly to customers.
Just ask Scotty Killmer
I’m surprised there was no mention of Franchise Dealerships adding obscene “Market Adjustments” to EVs during 2020-2022 where a $30k car turned into a $40-$60k car because of their greed. I signed up for a Ford Lightning only to have the dealership it was delivered to tell me I had to pay a $60k “Market Adjustment” if I wanted to buy it and if not someone else would pay it. Ford really lost me as a long time customer at that point.
These adjustments are still on the stickers in late 2023 BTW. Big surprise they're not selling when dealers are marking up cars 20%+
it's stunning to see how this directly impacted the ford lightening demand today. the dealers literally damaged the manufacturer.. and Ford allowed it to happen
Those adjustments are not ford. That is the greedy dealerships. Several around me that has been honest and didn't mark up things. Also not enough people take the time to report these dealerships to the Cooperate offices which probably don't help either.
I doubt Ford corporate has a choice@@alexioflexio8818
One issue they are not addressing is the expanding and contracting of the ev battery. especially in a cold climate environment and the battery doesn't last as long.
Charging stations are definitely part of the problem. I work in hospital transportation. We have, on average, 1200 staff vehicles on site. And we have four (4) charging stations that only allow for a 4-hour charge. Add to that the unwillingness of staff to come out and move their vehicles after the 4 hours, it causes quite a bit of friction. Unfortunately, due to massive pay increases to union nurses, the hospital cant afford to install more stations and wont be able to for at least another 3-7 years.
They have .003% charger coverage. EV is a joke
I think part of it might be the news of $60k battery replacement costs
Where in the world did you get $60K from? The prices for battery are decreasing but currently: "How much does an EV battery cost to replace? EV battery replacements range from $6,500 to $20,000 based on the pack, size and manufacturer. If a battery is within its manufacturer warranty, typically 8 years and 100,000 miles, then you should get a replacement battery at no extra cost."
I don't think they ever directly mentioned that for a lot of people paying over even $30k for a car is a non-starter. Cost of living is going up for a lot vs wages.
This. No one talks about the EV elephant in the room.
remember its the price of the car minus the gas plus the electric charge. minus brakes and oil change repair. Right now I spend about $225 on gas a month because i have a crappy commute. if I could charge at home would be about $40 a month. I need an oil change that might cost me $75 that I wouldn't need with an electric car. but it still has to be under $40k and get at least 300 miles range. so I agree , we still need a bit of improvement.
Lower cost EVs are coming. The Chinese have some interesting products.
@@stephenbaxter3369yes they do but the US won’t allow it to be sold here due to nationals security concerns.
@@davidstrong7854 ugh unless they have some kind of jedi brake force, Tesla cars have breaks dude. And just like another breaks they will have to be changed eventually
Part of the problem is the dealerships' greed, ridiculous, unethical price gouging, and consumers' willingness to pay 5K - 20K over MSRP.
yea...those customer already got theirs. now dealers looking at the rest us and we're saying no with the wallets
That's for new cars not all of them also ev is still more expensive
Dealerships never made money with selling cars(at least not in the past 20 years). It's about fixing them not selling them to make a profit.
They also all collectively refused to participate in improving the electric charging infrastructure the same way Tesla was. Almost as if they were incentivized to do so. Hmmmmm.
Thep problem with greed is that consumers need to start voting with their wallets then dealerships will stop the markups but there will always be some idiot who will ruin it for the rest of us.
$42,000 to replace a bumper on a Rivian due to a fender-bender. Just watched a video out of Canada a guy tried to avoid something on the road in his Hyundai Ionic and he thought he had. Whatever it was created damage to the battery protection... dealer quoted him $60,000 (C) for a new battery. He called his insurance agent who totaled the car because it wasn't worth $60,000. Now, his car insurance will be doubled for the next 10 years. The suburb of Dallas I live in had a recent EV fire... started in his garage. Luckily, the fire department arrived in time and was able to yank it out of the garage before the fire became out of control... which eventually it did. Other people have mentioned other drawbacks... cold reduces range and if you want to run your heater... forget about it. Towing anything will reduce range. Tires wear out 30% faster, etc.
u are so so right ... evs are so expensive with hundreds of drawbacks
@@999carpet So the perfect product for consumerist, capitalist USA..
I have a few friends who own EVs and not a single one of them complains about range anxiety, and it was much less of an issue than they first thought.... However, ALL OF THEM complain about how much they've already had to spend on repairs. For a vehicle that is supposed to be so low maintenance because of the lack of engine and fewer moving parts, they sure to seem to have tons of computer and electrical issues that are conveniently enough never covered under warranty and cost 10s of thousands of dollars to fix.
@@Thingsyourollup "computer and electrical issues ..." Exactly. I own electronic devices so, already knew it was a bad idea with a CAR, come on... I don't even like the gas cars that are electric that don't have a manual counterpart. Because electronics malfunction!
The biggest problem with EV's that few manufacturers have addressed is the availability of basic EV's. Do we really need all the high tech wizardry and plush luxury to drive 10 minutes to the store?
I know they could take all the tech out and just give us a car with no screen and juat electric drivw that is it
During a transition from one technology to another you need to sell at prices which cover the costs and turn a profit. Piece by piece the prices come down as production adapts to the new tech. it never starts with the cheapest barebone version. Right now the traditional carmakers are behind when it comes to efficiency and production costs. That's the reason why tesla can keep cutting prices for their cars. Something the traditional carmakers can't do yet.
This is what I have been saying for a long time, its almost like only the rich and powerful are allowed to drive, meanwhile the working class gets f*cked over because they cant use petrol cars anymore.
Chinese makers are making much cheaper EVs, they are focusing on them for the same reason many ditched sedans, people will pay more for an SUV. The people who would shell out 20K extra just to get an EV have now bought@@Laiquelleion
That’s because car manufacturers (with the help of regulatory bodies) have effectively priced the average American out of the new car market. New car buyers are so well-off that they look for more than just a car that gets them from point A to point B, and manufacturers responded to them by competing over things like luxury features and warranty benefits. The majority of Americans who have been permanently shoved into the used car market have no say as to what new cars should have.
The history went from "No one is buying EVs" to "No one is buying EVs from Dealerships" very fast. lol
They literally only interviewed dealers. Of course they’re gonna say nobody wants EVs lmao the biggest seller of EVs doesn’t have dealers. And they’re interviewing Mercedes dealer…wtf? I didn’t even know Mercedes had EVs.
@@quintonstevenshave you been living under a rock lol you never heard of the EQS 😂
You get it! You are so right.
@@Tm0n3y762 Well I can see why nobody is actually buying them...they look like grandma cars. And no, this is actually the first I've heard of them. They don't look all that appealing, so I can see why there's no buzz around them.
@@quintonstevens agreed I don’t like how they look either
I live in Ontario Canada I will not buy an EV vehicle , it would never hold the charge in the winter, what the governments need to do is find a different fuel to run vehicles on such as Hemp, and make it so we can convert our regular gas vehicle to. They also have to look more at the factories that are continuously pumping pollutants into the air, vehicles in general are way to costly.
The unsold EVs will need their battery replaced before they're even sold at retail...
Mercedes dealership owner: "Its not fair that Tesla can sell directly to consumers to streamline the process and give lower prices." No wonder people prefer buying from Tesla when the attitude of the ICE dealer is 'we can't beat people we can't screw over'
Nailed it!
I'll be happy if I never go back to another dealership again.
Imagine being the guy who paid 130k for a Tesla only for them to drop the prices 30k to 40k the next year Yeah direct to consumers is an amazing no haggle process that can still screw you in the end
@@chudson4500 I'd be sick 🤢 if that was me. But since I haven't bought one yet that price drop is very enticing.
The problem comes when you need something done to the car and have to wait months to get it back
I wish all automakers would sell directly like Tesla.
But what would all the dealers do then who work hard all day to rip you off while not providing any value for the increased price
Ah capitalism @@tomh1727
They can't, U.S laws forbid that
@@tomh1727they better find another job then. It’s time those scammers get what they deserve
They could get rid of the entire dealerships, and just have a service center only.
i will never undersand anyone with normal intelegence buying a ev vehicle. main reasons are , .. the astounding repair charges, tires wear out twice as quick because of the weight, you will need to take out a mortgage if you need to buy a new battery, and there are hundreds of other examples . also insurance costs.
I just came back from filling up my Honda civic Total time at the pump, 2min 48 seconds. Another 3 minutes to walk-in pay and walk out. There was someone in front of me or it would have been even less time. My neighbour had to get an electrician, pay a few thousand to get the charger in his garage. Also, his home insurance went up because of the increased fire hazard. And on and on, these cars are a scam, these cars all start at about 10yrs away from the landfills due to the cost of the battery, ohh and where do the used up batteries go? So environmental friendly environment
According to AAA, EVs often lose 12% of their range in cold weather, but the loss leaps to 41% with the heater on full blast.
True
50% in Canada...
Why would you need a heater in freezing weather?? Ha ha. Good luck with your EV's in the winter in Canada, although it is warming up here like everywhere else.
You should research this.
Absolutely right... HAD a brand new VW IDBuzz in Sweden in winter (this winter) and in cold alone, a loss of 15-20% range just due to temp and then have a 4 year old kid, obviously we cant sit in -10deg internal car temps.. put heater on full to defog, heat up and it drops exponentially... like crazy drop of 40% plus... absolutely not manageable. Couldnt even drive to the town without panicking... and then it needs to be plugged in constantly... costs an absolute fortune!! Sold it... never again will I waste money on an EV.
One thing I learned is never trust what a dealership says.
Lies pour off car dealer's lips like sugar from a bag.
And never trust our government they need to get out of the auto industry
You mean the "Stealership"
Same could be said for Elon…never trust what he says either.
Exactly. This Mercedes dealer owner guy is a joke.
Not many people know this, but the first cars ever invented were electric cars and not combustion. There's a reason why they were discontinued, combustion cars were superior and cheaper
Yes, they were. But soon not anymore.
The battery cost more than buying a brand new gasoline car.
The one thing the old guy said that is right is that Tesla’s vertical integration and direct to consumer model gives them a huge advantage. What he didn’t say is that the big 3 failed to invest in EV’s over time and now they are having to spend tons of money to catch up quickly but because of interest rates that can only sell those vehicles at a major loss.
Dealership: That’s unfair!!!
Remember they have to deal with UAW, plus not so smart CEOs.
I thought GM is the leader in EV?
@@sunflower2353 Bolt and Volt were just side show for GM. It lost money in both cars.
@@sunflower2353never where and never will
I’ll share my perspective here as part of the younger demographic. I’m a 29 year old, new homeowner making six figures in the midwest. I am still driving the car I moved in to college with (an old 2006 Jeep with 160k miles on it). In many ways I am the ideal customer for car manufacturers. I have no kids, little financial responsibility, and at this point in my life I find myself for the first time having a nice surplus of income. I am currently looking for a new car. Why am I not buying an EV? Right now, buying a new vehicle is clinically insane. The F-150 lightning is going for $80k. That’s twice the average American’s yearly income! Even people with a relatively high disposable income are getting sticker shock. Most of us are either holding on to the vehicle we have or looking at older cars that actually fit our budget. There simply aren’t “old” EVs yet. There isn’t a “bargain” EV for me to buy right now. The only vehicles that are sane to buy right now are older vehicles from like 2014 and even those feel like a punch to the face in the dark. I’ll also say of the new cars rolling out today, it feels like more than half the car’s MSRP is being determined by smart technology features. Feels like I’m buying a computer that can also be a car, when what I need in a vehicle to get me from point A to B.
Maybe it's also your preferences. A Toyota Corolla SE with most of the 'high tech' additions like smart cruise control and collision avoidance is just $23K. Unless you *need* a high end truck, why get one?
@@TheoWerewolfI think he's saying he wants something in between to have a vehicle with more usefulness than a little car. As to the need for a pickup, I have a mid sized SUV that I can do quite a bit with. But for the times I need pickup truck capabilities, I hitch up my utility trailer. I paid $500 for a used one that's built like a tank. New ones cost somewhat more of course. Figure on an absolute minimum of $1K for a light duty model. Even at that I save a ton of money by not having an expensive actual truck. Many others could probably do the same thing. Unless if course they feel the need for a pickup truck as a status symbol. JMHO, YMMV, FWIW, etc.
Buy the standard range Tesla model 3. No gas to buy, oil, tuneups, fan belts, transmission fluid, diff fluid, ect. Just new brake pads every 5 years. Right now you can get the $7500 fed subsidy off of the retail price of $38k , so $32k. If you live in California or Colorado you get state subsidies bringing the price to the mid/high $20k. If you can’t afford that, learn to wrench on your own car and buy a 10 year old Hyundai. Or make more money.
@@boulderghost4457 And save your pennies for when that battery needs replacing. Because you can't get out of the cost of maintenance. You're just shoving it down the road later. lmao
EVs have to be forced on consumers by govt mandate and coercion. In addition, generally all green tech must be propped up with public money (higher taxes) in order to be market viable. Then our current regime decides to exert even more coercion thru skyrocketing gas prices, which always damages the economy severely, and that's in addition to all the other willful economic damage they have committed. There are very few homeowners making 6 figures at age 29, relatively few at any age, most people are hurting and it's getting worse with all the economic damage. Most people are looking for a cheap clunker to get around in. Then the regime blithely suggests they buy an expensive and impractical new EV in response to the crushing hardship of sky high gas prices! Let them eat cake ... There will be no cheap clunker EVs. Once that battery gives out in a decade or less that's it, because the battery is very expensive to replace. It's not like a 12 year old gas clunker with an engine that still has plenty of life and with a little fixing up can be reliable transportation for somebody of modest means. And now the clunker market is skyrocketing as well by sharply increased demand. Car buyers are finding even the clunkers are overpriced. The bottom line is the regime aims to make personal transportation a lot less accessible to the lower classes.
This trend will continue. None of this should be a surprise. Did they really think most Americans would jump on the bandwagon that quickly? Most Americans simply do not want one, and many simply can’t afford one. People who want EVs already drive them. Why don’t all Americans want to drive these? Current electric cars are often expensive, have limited range, and take much longer to charge then to simply fill up a tank of gas. Not to mention consumers never like being FORCED to do something, such as being forced to switch to EV, especially when it is still a new technology. I know very few people who would consider buying an EV. Especially being in a cold New England state. On cold winter days, the 300-400 miles on a full charge can be cut by nearly 50%. So why bother? The cold weather is another strike against them. I’d get a hybrid at most.
Another issue for the ev is weather. Those of us in harsh winters, temperatures adversely affect batteries, period. When you go weeks to months with temperatures that are below zero Fahrenheit and windchill factors consistently at -40 Fahrenheit or lower and that is without driving the vehicle in the wind. You find that the average EV mileage between charges drops anywhere from 35% to 60%. Now EVs become unrealistic to drive in winter. Tell me how would the EVs handle the actual temperature overnight of -39 Fahrenheit and windchill was between -60 to -80 Fahrenheit. This actually occurred one to two weeks ago depending on when you read this. This was out in the country, not city, with no garage to house the vehicle. Gas vehicles had to be started every 4 hours and run for 30 minutes. EVs don't profit by doing that, do they? EVs are not realistic for millions of Americans who experience harsh winters.
Yes, the good old Mercedez is the perfect dealership to do a topic on EVs and the average American household.
Mercedes Benz is a mainstream brand, it's no longer exclusive
@@manuelsmiley7125 the brand still dont sell a "cheap" car or anything for someone of lower middle class, let alone low class. the cheapest new vehicle on the lot would be 40k (if its not already aold before it gets off the truck)
They should have done Toyota, the leader in hybrids, but they already did a hit piece on them claiming they weren't making enough EVs, because Toyota didn't buy into the at times nonsense EV religion. The notion of treating EV driving in cities like long-distance drivers in the middle of the United States is unbelievable. Plug-in hybrid was always the correct answer. Rich early adopters in CA and other places were supposed to carry the weight of the transition to a new expensive technology, not push the insane cost on middle America. EV subsidies should have gone to bicycles if there were any at all.
@@Kirikaahurpiita they are cheap expensive mainstream cars.
@@Kirikaahurpiita that average price for a new car anywhere.
There's no way in hell that 86% of car buyers were considering an EV.
I’m an EV owner and I considered ICE cars…it doesn’t hurt you to consider options. EVs aren’t for everyone yet, there are obvious driving habits that would remove them consideration still. I don’t understand why anyone wouldn’t look at every option when making any purchase.
I think it is a valid to consider all options. I really would love an EV but all my travel is long distance.
In 78 the Amaco Cadiz dumped 69 million gallons of crude off the coast of France In 83 the Castillo de bellver dumped 54 million gallons of crude off the coast of S África In 83 the Nowruz oil field dumped 80 million gallons of crude. In 84 the Kolva river oil spill dumped 94 million gallons of crude into a fresh water supply. In 89 the Exxon Valdez dumped 11 million gallons of crude off the coast of Alaska In 92 the Mingbulak oil spill dumped 88 million gallons of crude into a small Asia town then set fire to it. In 79 the Atlantic Empress dumped 90 million gallons of crude off the coast of trinidad. In 79 the Ixtoc oil spill dumped 140 million gallons of crude into the gulf of México. In 2010 the Deep water Horizon dumped 134 million gallons of crude into the gulf of México. In 91 the Gulf war dumped 520 million gallons of crude. There really is no debate of EVs being the future.
@@user-jc4kp6xl9q you say "EVs aren't for everyone *yet* ", do you think in the future almost everyone if not everyone will drive an EV? If so, how long do you think it will take before half of all vehicle miles across the US and Europe are electric? Because I always felt the EV adoption rate would be a bell curve - very poor quality low range EVs which only few buy, then cars which are as similar to ICE as possible, either in cost or range, where 100% of people who "want" an EV will get one, I feel we're in this stage now, and then EV improvement flattens off, as demand (and therefore price) of electric goes up and gas comes down, so they're both equally cheap to run, buy, maintain etc, that people don't see a reason to switch either way so if you drive an ICE car then you have no reason to get an EV (unless you specifically wanted one, but you likely would've got one in the previous stage), and if you've only ever driven EVs, you wouldn't have a reason to switch to ICE
I think, even as an owner, that EVs have a long way to go and believe there will be generational advances in the short term. Something like 10 years and I think people who are looking at all options will choose EVs because they will just be better than ICE cars. NASA has a solid state battery that’s looking pretty good. 40% less weight, near indestructible…that’s a serious leap when it trickles down.
Range anxiety? It is an actual range fact: An ICE care range has 300-400 miles with average use. An electric car has 160 miles with average use because people only charge between 20 to 80%
It was -40f here in Montana last week! I didn’t see 1 electric car on the road! Lol
you start to notice the law of supply and demand never goes down in favor for consumer... they just make excuses for not putting prices down enough or at least cover future cost of battery replacement
Prices are down drastically, especially on the used market...
We need small basic cars that are affordable for going back and forth to work or grocery shopping runs. But they do not want to build those because they want to build vehicles that allow them to double their money on each one sold.
Even the best margins are only 20% Gross Margins. So...No. But absolutely there are many new EVs coming out that are smaller, more efficient and reasonably priced. China is leading the way there...but it's coming soon enough.
Aptera can't start shipping soon enough! They're building a low cost EV for this exact situation.
Yeah, cause batteries are expensive so cheap EVs are not viable yet. Just wait a few years.
@@johntheux9238you're right aren't cheap. But useless things like touch screens, power windows and mirrors are not needed and manufactures won't remove them because of the profit margins
@@bighawk23 They are a lot cheaper than the batteries, they are just trying to sell you a battery for as much as possible, it's like frosting on a cake.
The biggest problem is people are struggling financially. You then want them to spend $70,000 or more for an EV. Those two situations do not mesh well.
Tesla Model Y Long Range is $48,540 right now, iirc. Take away the $7500 fed tax credit and for me in MA, the $3500 tax credit, and that's a $37.5K car - far cry from $70K. The standard range Y and all of the Model 3 variants are even cheaper. Granted, Tesla style isn't for everyone, but expensive those models are not.
@@beltrams $37.5K is a lot of money for a car. That's not something I could afford anytime soon.
@@ravenandthestrangerIt’s a low end price for a new car.
@@ravenandthestrangerThat’s not an issue specific to EVs though
@@beltrams Yeah but, what are you getting for that money (and most places only have the fed tax credit so it is still $41k), a car with 250 mile range. That is with 100% charge and most time you are charged only to 80%. Great for short trips to the store but, try and take a road trip with that vehicle! If you answer is have an ICE car for trips, then what is your cost? Don't get me started on current interest rates!
It's not complicated: -They're expensive -Take like an hour to charge -Terrible resale value -Low milage range -Not enough charging stations If the Government wants us to change, they need to pay for gas stations to add a few EV Charging ports.
Jumped in my 1999 clk model and drove from Los Angeles to Oakland. With the heater on. And I'll do it again!
Big expensive EVs are not what the market wants. The ideal EV is a small commuter. The automakers missed the mark....badly!
The OEMs have to make the expensive ones first to make higher margins. Tesla did the same with the S and X. The funny part of all this is that the OEMs gave a half hearted effort in the 90's and then just stopped. Total cost owndership of a model 3 is now on par with a toyota corolla after 3 years... just wait til the $25k tesla comes out. It'll be game over for the OEMs..... and they see it coming.
If what you said is correct then the Chevy Bolt and the Nissan Leaf should be the best selling EV’s in America but they are two of the worst. The automakers are matching Americans taste. We don’t drive small vehicles so it makes no sense to build a bunch of tiny EV’s
@@DeadAir21the Bolt and Leaf are great… 10 years ago. GM and Nissan failed to keep up with Tesla and now they’re where they are.
Not exactly true, Nissan has had the Leaf which was exactly that, a small commuter. It never took hold.
Sorry to say that YOU ARE WRONG. Why do you think SUVs, and Trucks are one of the best sellers, and profit maker for dealerships, AND the Manufacturers?????? Americans want oversized boats and they been wanting that for YEARS......
Few weeks ago CNBC made an hour video of how car makers are shifting to EVs. Now we have this video. Amazing.
Too much propaganda
@@ericmark47 This is the propaganda. The first one was true, which is the reason for 'slowed sales.' Increased supply (because car makers shifted to EV production) is the reason autos are sitting on the lot. EV sales in 2023 are higher than 2022 and double 2021. The rate of growth in EV sales may have slowed, but not actual sales.
"content"
One thing for sure plug in lies from the news networks will always be available .
@@MarkThevenot Nice cope.
It comes down to insurance and maintenance price for parts as whole and warranty ( If something brakes they want to replace the whole thing and not just a particular part,costing more for repairs )
We control the prices and what we drive NOT the government .
There's also a big disconnect between what these highly compensated CEOs think and what the average middle class buyer thinks when buying a vehicle. Even us upper-middle class folks don't want to spend $80k on a vehicle.
Not only that but a lot of people like myself live in an apartment complex where there's no way to charge your EV in your assigned spot. I cant run a charging cable out of my 3rd story window and down to my car. And there's only 6 designated charging spots for the entire complex. And you better believe I'm not spending an additional 45 minutes after work to sit at a supercharger station twiddling my fingers waiting for my iphone on wheels to charge back up. They're cool but incredibly inconvenient for anyone who doesn't have unlimited time and cash to throw at it.
Absolutely!
@@nothing.mp3 100 %
@@nothing.mp3 There's also the problem of having to wait at a charging station because there might not be an open charging port. Add that to that 45-minute wait time...
You talk as if theres a difference
The main problem with EV sales is the number of customers with enough money and the desire to buy one.
If that were the case, then dealerships would NOT be marking up EVs by $5000-$40,000. Like I said above Chevy Bolt EV $28K to $32K fully loaded. EVs have far fewer moving parts and much easier to manufacture than ICE vehicles ... besides, you see the cost of a fully Load Ford F-150 ICE $70,000. EV costs are entirely myth
If that were the case, then dealerships would NOT be marking up EVs by $5000-$40,000. Like I said above Chevy Bolt EV $28K to $32K fully loaded. EVs have far fewer moving parts and much easier to manufacture than ICE vehicles ... besides, you see the cost of a fully Load Ford F-150 ICE $70,000. EV costs are entirely myth
at least your tried.@@HelgaGriniskia
@@HelgaGriniskia Are those the same evil Oil companies that bought the patents for the 100 mpg carburetors so they couldn't be made?
Realist comment so far thank you for speaking the facts...
1. I like keeping my cars 2. I cant afford the huge prices of ev. 3 In case I sell the car I don t want to loose so much money 4. I hate heavy cars
LOl when a ev vehicle driving range in cold weather drops by 80%. the dash says 600 km but range it gets is 150-200km or less and cannot charge in cold weather . do you know why? because a frozen battery cells cannot be charged
"The auto industry continues to launch more EVs at that $50,000 to $60,000 price point, which is already well saturated."🤔
Exactly.
People were so vocal when GM said it they were retiring the Bolt, shortly after that announcement, they changed their stance and said they will plan on refreshing it when they get their new EV platform operational. Not everyone needs a car that can go 300 miles on a charge, or can afford a car costing over $40,000, and others are waiting for the newest technology. I would be perfectly happy with a cheap, but comfortable commuter car with a little over a hundred miles of range, with my current car being for road trips.
We need more sub $40.000 EVs... more specifically, sub $40,000 QUALITY EVs
I wonder whey they can't produce some decent sub $20k EV's? Doesn't have to be fancy with all the whistles and bells, self driving etc, just to get you from point A to point B reliably. After all EV's have a lot less moving parts, the electric motor is much simpler than a complicated combustion engine, it's just puzzling to me. Seems like they keep targeting customers around the $50K price point, unfortunately most people can barely pay rent and insurance. smh
@@BillAnt Plenty of graveyard of brand new older generations EVs collect dust. The newer models are cheaper, but they are extremely low quality. Not to mention the massive increase in charging stations just make it lost any advantage against gas powered cars.
You notice it’s never mentioned the cost of battery replacement and how long it will take. It will scare off buyers.
Half a year minimum. 50k minimum
No one mentions that batteries have to keep warm.. with heaters on the car. Which eat energy
This only happens 1.5% [cleantechnica] of the time and is a non-factor. This was a tactic and point used to scare people away from hybrids. Most EV batteries have a 8 to 10 year or 100,000 mile warranty. That’s far longer than any engine warranty on a car.
Also Tesla often won't cover battery replacements. Their warranty is pretty worthless. A Scottish couple was told they'd have to pay $30k+ euros to replace their new battery cause Tesla's warranty doesn't cover rainy roads, which their engines apparently are susceptible to.
My shop charges under 22k for remand 90kwh for part and labor.
They are way too expensive. If it were cheaper, the lack of range is easier to get over. I understand that it's an early technology
No one wants a car that goes 300 miles on a charge or a pick up trip that cant pull a trailer 150 mile without a charge
the real problem: dealers and manufacturers are getting greedier than ever and despite getting billions in tax deductions and incentives and rebates, they refuse to pass the savings onto the customer. this greed will create a market crash
Here is the product of a mind destroyed by government education. Ford and GM lose $30,000 on every EV they produce but intend to make it up in volume. If is a government idea it was created by the dimmest bulbs on the planet. Here is a the QA line of "non-greedy" automobile plant looks like - pure government genius: Made in a country renowned for the finest engineering standards in the word but look what socialism did to them (Socialist Unity Party of Germany (German: Sozialistische Einheitspartei Deutschlands) Behold the socialist "no greed" car, I give you the "Trabbie" (Trabant) Quality Assurance line: :kzhead.info/sun/oK16idyPeop8a3k/bejne.html And after they are "broken" in this is how they run: kzhead.info/sun/l9eIm8yMcJhujZE/bejne.html Yessiree lets have the politicians design our cars so we can all drive a POS like the Trabbie
The thing about dealerships is that you have a "choice," if they are "too greedy" choose one that is "less greedy". With government there is only ONE dealership and its greed is insatiable.
I don’t think this is entirely true. The cost to produce these new cars is astronomical. You imagine building entirely new vehicles from what the factory is tooled for? They are like any business looking for the best profits. They are not in business for charity.
The real problem is no one wants to buy these 'batt mobiles'.
@@brucefrykman8295 there's not much of a choice when most dealerships have been super greedy.
The real issue is that that manufacturers have aggressively targeted upmarket segments for EVs. There are not nearly enough EV options in the $30k range. Everything seems to be a $60K+ SUV. I thought Toyota and VWAG would hit the lower market segments hard but they just haven't.
And let’s talk about maintenance cost and how about the process of recycling these battery’s that operate these car …
Toyota doesn't want to transition to EV. They know its a failure waiting to happen.
Look at GM they made the Bolt and discontinued it. This was after they Made the Volt which they also discontinued. Instead they are trying to push an electric hummer that weighs like 20,000 lbs.
@@aghostinthemachine2877Toyota knows what it's doing. They're smart with long term point of view
@@aghostinthemachine2877 They are launching 10 EV models by 2025 and already have their first one in the market today - please tell me how this is not a transition to EVs....
I don’t think you would have to worry about someone stealing your ev because who would want one…
If it's Lithium or Lithium base or like most rechargeables.. Beware ! Here you go, in plain English Lithium batteries are regulated as a hazardous material under the U.S. Department of Transportation's (DOT) Hazardous Materials Regulations (HMR; 49 C.F.R., Parts 171-180). Exposure to Lithium can cause loss of appetite, nausea, vomiting, diarrhea and abdominal pain. ► Lithium can cause headache, muscle weakness, twitching, blurred vision, loss of coordination, tremors, confusion, seizures and coma. This isn't for me or my family. Good luck, with your so called .. clean energy !
Hilarious to hear the Mercedes dealer straight up acknowledge that the dealership model means higher prices for consumers. Need to see more direct-to-customer sales. I don't go to a dealership for any of my other expensive purchases. Don't see why I need to haggle over my car.
not only that but it was the big IC manufacturers that prevented Tesla from having dealerships in most states!
On his defense he looks like a smart guy and maybe he acknowledges these changes are inevitable. He already made a few bucks on this business so maybe he is not so concern.
Tesla sales direct to the consumer and are the most expensive in the market. So???
Direct sales almost never work. It introduces a conflict between production and distribution within a single company. Dealerships are much better at gauging the demand.
@@maxoobbxxx8032Historically yes. But now in 2023 things are way different. We can discover everything about a vehicle online. All we need following that is a test drive.
It's a combination of things: -The sticker price, and dealer tacking on "market adjustment rate" charges to them. Dealers are terrified of Tesla's direct sales model, since it cuts them out completely, and why they're fighting tooth & nail in various states to prevent direct sales from other automakers. I have never met anyone aside from car salespeople who enjoyed the car buying/haggling process used at traditional dealers. -Automakers building the EV's much in the same manner/mentality as their gas vehicles. Tesla regularly gives you free over the air updates which adds new software, bug fixes, and updated maps. Other automakers want you to buy their latest model for that, and charges you for navigation updates. -Not everyone has a way to charge an EV at home. Until there's more DC fast chargers readily available for those folks who only have side street parking or lives in an apartment complex has a way to reliably charge their EV, they're less likely to get one. And frankly, DC fast chargers aside from Tesla's supercharger network sucks. Great when it works, but oftentimes it's broken or only charging at a lower speed than what it advertised. Or there's not enough of them, and people have to wait in line. This is why so many automakers are switching to NACS. Sure, EV's have a long way to go. But if they had that same 100 year time span that gas cars got, a lot of those issues would also get resolved. If nobody wanted electric cars, they wouldn't be selling, and companies like Tesla should've already gone bankrupt.
If your house has electricity, you can charge at home… what people need help with is an easy way to get electricity to their parking spot.
They're outrageously expensive. So are ICE vehicles too. I'm holding on to my current vehicles until the wheels fall off.
Except if your home is not a single family detached. I don't see a lot of apartments installing chargers for everyone that would want one. Say my electric apartment Am I going to route a thick cable to wherever the car is parked, that may change every day?
Got to imagine what our great grandfathers thought about buying a gas powered car, did they have range anxiety about running out of gas and not being able to fuel up? I am sure there wasn't gas stations everywhere, were they thinking our 🐎 isn't going to run out of fuel? Unlimited range?, we are in the adoption period things will figure themselves out, I am long on ev, hybrid are cool but costs of repairs is a lot , still a lot of moving parts to brake down
@@markunwin2313 Thats something that would come with demand, just like Gas stations. I could also see Gas stations converting into electric vehicle charging stations instead.
There is no way that National Grids can ever support more than a third of EV on the road.They are purely city cars and will not ever replace combustion engines.
Because we've all had a chance to rent them now and we do not like waiting for a charge! Time is money!!!
The part where the Mercedes dealer owner who only employs 50 people but somehow makes $40 million a year admits that he and every other private dealership are leaches on society that can't compete with Tesla's direct to consumer sales is GOLD.
Perhaps the real problem, even for those of us who can afford to buy them, is that they cost too much to make sense. I would never pay $80,000 for a car no matter how nice it may be. The cost of automobiles has gotten ridiculous over the last decade. Ford, GM, Chrysler, and Tesla need to think about their future.
yea the price is def the main factor even with the tax credits. But you also cant forget the $1-5k+ to install an EV charger at your house assuming you own your house. If you live in an apartment then having a home charger probably isn't even an option in most cases. Yea you can bring it to a charging station but who wants to do that every day or every few days depending how far one full charge lasts you. Also the grid can barely handle the current power demands in most parts of the country. Without a massive investment in the grid systems to add capacity there is no way the current system can support millions of vehicles charging every night. I'm not against EVs but we have a long way to go before there is more wide spread adoption by a large percentage of car buyers.
What about the Model 3? It's only 40k, which for new cars is under the 48k average?
Buy used, that's what I did. I got a 60k mile Cadillac ELR (a Chevy Volt PHEV on steroids, wearing a Tuxedo) for $22k used, five years ago versus $85k for it if I bought it new. I've got 106k miles on it now and it's been flawless. My commute to work has been less than a gallon of gas a day versus 5-6 gallons for my V8 powered sedan and SUVs for 3 years now. Don't buy any vehicle, EV or ICE, new. They all depreciate greatly.
you were left behind in the new economy man, 80k is nothing for many whores on onlyfans and crypto scammers etc, honest work seldom pays well enough
Love this, it’s a balanced and objective assessment, and I 100% agree. The powers that be, like employers would love another ball and chain anchoring us to them. The politicians also want us infighting with other Americans because the real problem is that all of our wages are not keeping pace with life, yet they’re all cashing in.
Why would we want to store a lithium-ion car that spontaneously explodes in our garages? Even hours after the fire dept puts out the EV fire, the battery sparks a fire again spontaneously. We don’t want to die. And battery replacement is $6,000 - $50,000 (Hyundai ionic). The average person can’t afford EVs. California passed into law forcing everyone to buy EVs only in several years. It’s discriminatory and unfair for the middle and low income families. Someone needs to stop California’s law.
they don't tell you battery replacement costs or that the tires cost 3 times as much as a regular tire because they are so heavy ... and when you really need it will be when if goes dead and no charger close... I never want one.
Tesla has about 16 days of inventory stock, in lots and in transit to customers. Its mostly a legacy automaker problem
Tell that to the people who reserved a cyber truck 5 years ago 😂
Tesla is in a cult driven bubble. Their stock is at least 100x real value. They will fall to real value.
@@mvcharisma2968 4 years ago... and I'd be much happier with a delayed CT than an f-150 lightning that has an obsolete charging port on board.
@@mvcharisma2968again, there’s zero days of inventory for Cybertruck. Legacy OEMs just don’t build good EVs yet and they charge more than Tesla does for them.
@@mvcharisma2968 Thanks for reminding me to cancel my reservation. 😄
The problem is simple. When you are low on fuel,you stop and fill up. In your EV,serious planning is needed.
See the USA may be a thing of the past.
Eventually, this should change. But this is why consumers need to be able to adopt EVs as it makes sense for them. not being forced by the government
@@DaleC1980 You nailed it for me. I really struggled just with the thought of going EV!! To make matters worse,I live in South Africa.
Repairs man. Repairs.
@DaleC1980 Evs are not the answer and never will be. They have to be on the road for 10 years to have a positive ratio of pollution compared to gas. Hybrids are the answer and Toyota seen that right away. Not to mention wait times for repairs and costs of repairs. EVs are not practical
Cause they are 1) unaffordable 2) ruin the environment when the batteries need to be replaced 3) still require fossil fuels to power the electricity that charges the battery (how many people needed a gas generator to recharge their battery when they run out of charge on the highway?)
ICE car sales have decreased 4 million from 2019 to 2022 in the U.S. Let that sink in.
False
EVs are really only practical for commuters in suburban areas. Like others have said, apartment dwellers don’t have easy access and in rural areas they don’t have the infrastructure for EVs plus they have longer distances to drive.
Although less appropriate for USA, in Europe there also a lot of terraced houses without driveways, so electric cables become a trip hazard on the pavements. So worldwide EV adoption is going to be very difficult.
We better find a way to make it practical for everybody then, because gasoline *NEEDS* to stop.
Nothing wrong with gasoline- it will keep us going until EV is figured out …..well we do need to produce it locally as the carbon footprint and price is too high to be importing it but the Green idiots in Wash DC can’t seem to figure that out!
That's kind of the point. Put everyone into 15 minute cities.
@@themomaw ..Gasoline does NOT have to stop and it will never go away!
I believe the biggest problem in EVs is when it comes to public charging (except Tesla). I work for The Ford Store Morgan Hill, a dealer in Northern California and last week I delivered a used Ford F-150 Lightning with 17k miles to Carlsbad, Ca which is in San Diego County. The distances was around 406 miles from Morgan Hill, Ca, the range before I put the address on the GPS in the truck was 316, after the address was put in it was roughly 250 miles. I had to charge in just under 200 miles and the charger was about 2 miles away from I-5. No problem at that charger, which was at a Shell station with a Taco Bell, breakfast while I waited to charge to 82% it took 37 minutes and it cost $40.32. When I left that charging station on HWY 43, the truck told me I had to charge again in Santa Clarita at a Walmart which was 87 miles from the first charger. I found the Walmart and the chargers easily, but one of the 350 kw charger was broken, the others were being used and I lucked out that an ID 4 charging on the 150 kw charger was just finishing charging and I plugged in for about 30 minutes. I was then on my way to Carlsbad through the lovely So Cal traffic, I was fortunate that the truck had carpool stickers which helped at lot through that nightmare traffic mid-morning. I got to Carlsbad with a 90 mile range. I decided to go to the chargers at an outlet mall in Carlsbad so I could deliver the truck to the customer with more than a 90 mile range. At those chargers there was 4 chargers with one of them was broken, and the others were being used. I gave up and delivered the truck with just under 90 miles left. Very challenging trip but not impossible. All the chargers were Electrify America which is the company that the Ford vehicles send you to. The customer service at Electrify America sucks, no one answers the phones. By the way our dealer does not mark-up any vehicle.
Your 1st sentence says it al " I believe the biggest problem in EVs is when it comes to public charging (except Tesla)." You never see a broken Tesla supercharger + they are more powerful & have more units per stop. Electrify America is a terrible network.
And that lengthy tale of inconvenience is why I'd never want one. The BMW 535d I drive could go there and back on one tank and be refilled in a few minutes if not.
2 weeks ago I had a Tesla Model 3 long range as a rental car when I did a weekend trip in Toronto. Car was great and enjoyed using it. Tesla chargers were of course never the issue, BUT my main issue still stands with EVs is having to plan around charging and having to make use of the time wisely. With the amount of driving I found it such an annoyance having to plan when I should charge and what I should do when Im charging instead of just sitting in the car doing nothing and wasting time while the car is charging, compared to a regular gas car I just pull off into a gas station for less than 5 minutes, fill up and keep going. EVs have their pros and cons just like any other vehicle but having to worry about charging when you dont have a garage to plug in every night is still a big annoyance and why I still prefer ICE cars.
Wow, that's expensive for a charge!
We can use the Tesla network now. Not just the EA.
Don't park in your garage unless you want to risk burning your house down.
Yeah, EV's are better to drive. But that's because affordable cars these days have 1.0ltr turbo engines. The car shakes all the way to work because the car cannot produce enough torque to get to a decent point in the power band fast enough. These engines make modern cars so uncomfortable to drive that I'd rather have a 2200KG EV that feels smooth.
One thing that almost everyone forgets about is apartment dwellers... I live in an apartment and there's little to no chance that the owners will put in EV chargers. That means I have to charge at work (but we don't have chargers at work or within 1-2 miles), at the gym or grocery store (which is relatively expensive and assumes there are available chargers and my car is charged enough in the 30 minutes it takes me to do my grocery shopping), or take an extra trip out of my day to go to a public charger and hope that they all work. I am saving up for a hybrid or EV down the road and hope that in 5-7 years many of these issues will be a thing of the past.
💯 %.
Yes, I have a Model Y and only charge at home. Without that, I wouldn't recommend it. But if I had access to a 110 outlet, for my driving of 30 miles per day, it would be fine.
Like condos, this situation is too slowly being addressed with chargers.
Buy a Tesla. Problems solved.
Tesla launched a program last year to install charges at apartments / condos / other places. You are right that it’s a pain now to charge, but things are going to change quickly.
Y’all should interview actual EV owners and see why and how their transition worked for them. The conversation between daily driving and long distance driving is a real one but as an owner of both combustion and electric as well as the issues I had with a combustion vehicle that I bought new was a factor in my decision. As well as gas prices of course! 😅
I love my EV.
This! Why ask dealers -- of all people?
I love it when replies are made to comments which are pure gibberish.
Yeah I agree as a EV owner there’s nothing better than one
If they do that, then they might get the real story. Why would they want to do that?
It's not rhe anxiety about the range, it's about the lack of range. Period . It's not anxiety about the cost of replacing the battery. It's about the cost of the battery
My wife and I bought our first car almost a year ago. A brand new EV was at least $90K while a used Kia with less than 7K km was $30K. It was a no brainer. Plus, how do these companies think apartment dwellers will recharge their vehicles? Canada wants to have majority EV vehicles by 2030-35 and there’s NO WAY that’s going to happen!
The reason the big three are showing a slow down in sales is the dealers are price gouging their customers. Most people can't afford those inflated dealer prices. Adding to the fact that their EVs are not very compelling.
Google "EV profit margins" and thats the reason they slowed down. They are racing to be profitable and Tesla is stepping on their throats.
they are losing thousands on each one
Maybe consumers are just fed up with expensive car ownership costs - newer generations are not getting their licenses and say they'd rather use Uber/Lyft instead of paying for upfront costs, insurance, maintenance, and waste time in the DMV or driving in congested traffic.
@@SSGoatanks that's what the government and greenies want, soon it will be too expensive for anyone to buy ANY car. gas or electric
that makes no sense at all, if they are able to "price gouge" that means the demand has to be huge, they are saying that there isn't enough demand, so how can they gouge the prices without losing money?
I would have absolutely LOVED to have a Ford Lightning. But when I was in the market for a new car, the lowest I found was $75,000. I'm never paying that much for a truck
Ford does not know how to make EVs. You dodged a bullet. Their cooling system is really really bad.
$75k for a truck is rediculous lol
Let's not forget the nearly $7,000 in sales tax that must be paid on a $75k truck in N.Y. at least!
EV’s are a no brainer if you meet 2 criteria: 1. A 2 car household where the other car is an ICE for trips 2. Homeowner with a garage or place to charge overnight If not, get a hybrid. I am a Chevy Bolt EV owner, other car is a larger SUV. Gives my wife and I the best of both worlds, taking the bolt as our default “regional” vehicle as it is dirt cheap to operate.
Remember a few years ago Ford advertisement have you driven a ford lately and Toyota advertisement have you driven a Ford lately. Now it’s have you charged an EV lately and they lied about how long it takes to chat and that you can only charge up to 80% otherwise it would take several hours
Someday we will be looking back remembering the EV craze.
Absolutely! These EVs are a temporary fad. Hydrogen cars are the future! Hope Toyota gets them right and come out shortly with their hydrogen cars! Until then, ICE cars are the way to go.
@@DoneDealNikhilI would have to say bio fuels are the future. Hydro powered cars are a close second. And I say bio fuels, because it would be compatible with current ICE engines.
There is no ev craze just a crazy president who is pushing this stuff
and reflecting on our ignorance.
New Coke ...
I dumped my model Y more than 6 months ago, I could't handle range anxiety and when i don't use the car for a few days , my range drops, My Insurance premiums were double the amount I was paying for my Audi A6, I am very happy with my ICE car, will never go back, Most EV owners will NEVER admit the inconvenience of an EV. I drive a Camry Hybrid now. Love It
Did you not have a place to charge at home? Were you checking the app too much? I'm on year 2 with mine and don't have these issues...
@@IMAPOTATOZ Yeah, seems like he did not have a home charging system. I got 230V at home, M3LR charges 4 % an hour and my daily driving is max 40 % of battery. I had range anxiety also but we liked the car too much to sell and sold our apartment and bought a house (moved 30 klicks further from the city center but driving there takes the same time than at our apartment on the other city side).
@a.k.7397 ahh. Yeah I'd personally never recommend an EV if you don't have a place to charge it at home.
@@a.k.7397maybe he lives in apartment
@@IMAPOTATOZmaybe he lives in apartment
One thing to consider is that EV is priced higher than normal ICE vehicle at a time most people are feeling the effects of inflation. In addition, one of the earlier customers nailed the topic right in the head, long distance travelling or the expectation to travel further, make it a habitual adjustment most consumers simply don’t want to. Lastly, are the cities of America actually decided to be EV friendly and have sufficient infrastructure to support EV? Where elsewhere, the city are designed in more compacted manner, average American is expected to drive longer than other industrialized nation in the world. Last but not least, geography, Urban design and politics all played a role in EV support infrastructure being built across the continent. And the more uneven / uncertain, the harder for EV to popularize.
People found out they don't do good in the cold, charging stations are less plentiful than gas stations, charging time takes longer than filling up with gasoline, it's not as eco-friendly as originally believed, and it's too expensive to deal with that. EV's have always been a failure.
You barely mentioned Tesla which sells 60% of EVs in the US and dropped prices by about 15k this year. It's not a drop in demand for EVs, it's a drop in non-Tesla EVs
Welcome to the mainstream media. They only talk about companies who pay them for advertising
The video specifically mentioned Tesla, all of the price cuts, and the fact that 2/3rd of EVs sold are Tesla. Did you actually watch the video?
@@johna4387 Have you read the comment? He said BARELY
@@Easorebarely??? 3-4 mins of the video is entirely about Tesla
I think when dealers started marking up extravagant prices over msrp during the past 2 years. It left a bitter taste to the consumers. Those dealers are probably not going to see repeat businesses again. Those dealerships are probably going only going to sell to desperate people who need a car immediately. After that, the gravy train is over.
I hope so, we need a generational change in dealership owners.
No more dealerships! Sell direct! Dealerships are a scam and a pain in the a$$.
All dealers can eat it. Greedy.
It pains me to see a car dealer make commission off a sale. They don’t do anything to earn it, don’t know anything about the cars and are all about lies and deception to extort as much as they can from you. They are mostly of low intelligence and have no real marketable skills. Probably can’t get a job doing anything else for that matter.
@@briansmith5747Might be time to get rid of the car dealership business model. They give you the song and dance on why you should pay more than the MSRP.
After doing some calculations insurance, maintenance and gas cost combustion engines are stayed way too go Ev saving but looks at the insurance costs it covered my annual gasoline cost maintenance costs ways tooo high battery may not last more than 10 years! Resale value really doesn’t know how it works
Has anyone information on the difference in car insurance?? I believe this is a very important line item to add to the EC vs ICE comparison.
One thing people should take into account. The higher cost of purchasing a home. Why? It's not an easy thing to charge an EV at home if you're renting. Most of the cost savings are on your own electric bill vs paying at the charge station or at a gas pump. It goes hand in hand.
I think it would be cheaper through charging it than pumping it with gas, though not as cheaper as they make it seem
It is much cheaper to charge an EV, then to fill the gas tank.
you are 💯 correct
Cost me cheaper to charge my Tesla than to fill up my Toyota yaris for the same range 😅
You can get a fast charge for 18.00 at a gas station for 20 minutes
I have had EVs for 3 years, first a Leaf now a Bolt. I can say that charging them is a pain unless you can do it at home and many folks can't do it at home so it's easy to see most people do not want one . Living in a free country you should be able to decide what car you drive not have the Government decide for you . I feel sorry for the next generations.
Glad to hear a fellow EV driver who also doesn't want to force others to abandon ICE. We've enjoyed replacing our old $2500 annual gasoline bill with $500 of electricity, but it only works for homeowners.
All of us have had the government decide what cars we can drive with emissions standards and due to the loophole for light duty trucks have made the roads way less safe. However, emissions standards are the reason why cars can go 500 miles on a tank of gas.
@@donswier But what your new insurance premium? The Tesla model 3 has an average of $212/mo Both my gas cars are $22/mo ea. Literally 10%. There goes all the gas savings
@@Argedis Gotta compare apples to apples, I suppose😆 We replaced my old 98 Ranger (333,000 miles!) with a carbon fiber bodied, battery and ICE powered i3 REx. It'd need to be a modern 3 series vs an i4 for insurance comparison.
@@donswier Ok Apples to Apples. A brand new Toyota Corolla costs $500 LESS annual premium compared to a regular Tesla Model 3. The Tesla costs more to insure than a Mercedes Benz C Class. There goes all your 'gas savings'
The problem is that EV's are not "green", talking about the making of the batteries, the electronics, the lifespan of batteries, the disposal of all this electronic waste, etc. Sorry to say, but it is true. 1 Jan. 2024.
2 EVS home charging station SOLAR electric backup ❗️Absolutely satisfied and using solar for charging we 0 for charging. We travel about 150 miles a month.
8 years into EV ownership, over 200k miles so far. Both cars bought used for under 18k each. EVs are the future for sure, but most companies need to get their DCFC strategy into a good place. From my experience Tesla is the only current viable option for frequent road trips. Electrify America is ridiculously unreliable when it comes to stated charge rate and stalls that are operational.
No body wants to drive across country with an EV. Even with fast charger. Or anybody who is smart.
@@kenth151 People who regularly drive across the US, and need to own a personal vehicle to do that, is a vanishingly small percentage of the population.
The charging stands need be in good repair and there are places one can't go cause charging stands too far apart on long trips the range advertised won't be there in real world like mpg is not what is adertised
I do @@kenth151
@@kenth151 I drove my Tesla Model 3 from Houston to Orlando and back without issue.
I live along the Gulf coast. Evcacuations during natural disaster is a dealbreaker. Electrial outages, stuck on a grid-locked highway, no way and no where to get some juice.
Great point.
Exactly.
In the UK there was a rule that ICE vehicles couldn't be sold past 2030, that then got changed to 2035 and it feels like overnight people were less interested in EVs. I guess 11 years is a long time and people expect to change their cars maybe twice in that time
I have been driving electric since I was able to lease my first Leaf. I have been able to do all my charging at home. For a long time the only other place I knew of was the Nissan dealership. A Wal Mart parking lot I could get to put in some charging stations, but they were Tesla. They have since added more hook ups I think might be good but haven't checked. I never thought charging would become as fast and easy as gas or that we could do away with gas completely. Not until we have the world of "Demolition Man" anyway.