Bad News for the Electric Vehicle Industry
Well, this is pretty bad news for the electric vehicle industry. There was a survey that came out this week that said 40% of people who bought an EV want to go back to a gas vehicle. 40%! It’s almost half. So not only are fewer people wanting to buy electric vehicles, the ones who already did don’t want them. They want to go back. So it’s almost like the market’s going backward.

Manufacturers Cutting Back on Electric Vehicles
That’s probably why a lot of manufacturers are cutting back on electric vehicles. Look, in the long run, electric vehicles will probably be a great way to have transportation. It’ll probably be, you know, an excellent option, but that evolution, that development may take decades.

Current Owners’ Challenges
The way electric vehicles are now and the way that the charging infrastructure is set up, even people who are current owners with experience with them don’t want them because they’ve learned that trying to find a charging station, trying to fill up quickly, trying to go on a long trip, it’s just not working. The 60% that don’t want to go back are probably people that have it as a second vehicle, use it around town.

Good Option for Certain Users
I can say right now if you are a two or three car family and you have one of your cars as an EV just back and forth around town, back and forth to work, and you can charge it in your garage at night, it’s probably a very good option. That’s probably better than a gas car because you never have to stop at a gas station, right? You come home, you plug it in, next morning you drive to work, or you go to the store, or you go to church.

Limitations as a Primary Vehicle
So, an electric vehicle does have a place. As a primary vehicle, as your only vehicle, there’s a lot of limitations. But I can even say right now that for a lot of families, a lot of people that have more than one car, if one of your uses is just back and forth to work, a short distance, around town errands, an electric vehicle could be great because you don’t have to stop at a gas station ever, even for five minutes. And your fueling is cheaper because if you plug in and your electrical grid charges it at night when your rates are lower, it’ll be way cheaper to fill up your tank than for gasoline.

Considerations When Buying an EV
So, there’s a use for it. You got to make sure if you’re buying one, though, that if you buy a used one, you have your battery checked out. If you’re buying a new one, you get all your discounts and all your advantages. There’s a lot of opportunity for an electric vehicle, but it’s not just a blanket thing. They’re not either all good or all bad. They’re only good in certain scenarios. Down the road in the future, maybe they’ll be good in more scenarios, but for right now, it seems like the market has spoken, and it’s not ready for prime time for everybody yet.