Charged Conversations - The sudden slowdown in demand for electric vehicles
Update: 2023-11-28
Description
In this episode of Charged Conversations, host Brigham McCown discusses the sudden slowdown in demand for electric vehicles (EVs) in the United States. He explores reasons behind the plateau of EV sales around the 100,000 units per month mark and the stagnation of the average EV cost at $52,000. Special attention is paid to mainstream consumers' hesitation towards EV adoption and the financial losses that companies like Ford have reported from their EV ventures. McCown also delves into the technological differences between lithium-ion and solid-state batteries, and the implications of these for the future of EVs. He concludes by citing the BBC's report on Americans' attachment to gasoline-powered cars and the challenges of EV adoption among middle and lower-income demographics. McCown advises listeners who are interested in EVs to go ahead and buy one, but also predicts that gasoline-powered cars aren't disappearing anytime soon.#ElectricVehicleTrends #EVAdoption #TechInnovation
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