Used Electric Vehicles ‘Too Expensive’ Compared to Diesel, Petrol Alternatives

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Used Electric Vehicles ‘Too Expensive’ Compared to Diesel, Petrol Alternatives
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The high unit cost of used electric vehicles (EVs) is holding back the electrification of the car market, new research suggests, with a lack of community charging facilities, short driving range, and disinterested customers.

The average price for an internal-combustion vehicle rose 14 percent over the same period to close on $44,400.

Finally, one-in-five dealers would like government electrification deadlines extended, while 13 percent would like to see training programs for sales staff and 11 percent want better availability of finance options. An electric car charging point in a city centre car park, on September 22, 2022 in Bath, England. The UK government’s call for motorists to switch from petrol and diesel powered cars to electric driven ones is being inhibited by a charging network not yet fit to deal with the enormous demand more EVs on the road would place on it.

Automakers have ramped prices to capitalize on new interest fueled by surging gas prices and offset the soaring cost of raw materials like nickel, cobalt and lithium for their large batteries due to supply chain issues, according to theThe International Council on Clean Transportation says the U.S. will need 2.4 million charging stations by 2030 alone if 36 percent of new vehicle sales are electric.

An electric vehicle owner who takes road trips between Cheyenne and Casper in Wyoming has revealed that his first trip of 178 miles took a staggering 15 hours to complete in his electric Nissan Leaf.

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