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The crash test highlights safety experts' concerns about faster and heavier EVs. AdvertisementA new video of a Rivian truck bursting through steel guardrails during a crash test highlights some of the safety concerns experts have raised about heavy electric vehicles. Bigger the car, deadlier the crashSafety experts have previously raised concerns about the risks heavy vehicles and heavier EVs could bring to the roads. In the UK, safety experts say the heavier weight could cause older parking garages across the country to collapse. "There is some urgency to address this issue," Cody Stolle, Midwest Roadside Safety Facility's assistant director, told the publication.
Persons: , Rivian, Ann Carlson, Charles Krupa, Kevin Heaslip, Politifact, Steve Patton, Alexa St, John, Zhe Ji, Myles Russell, they're, Cody Stolle, Ford Organizations: Service, University of Nebraska, Safety Facility, Nebraska Today, Midwest, Safety, National, Traffic Safety Administration, Reuters, Insurance Institute for Highway Safety, Center for Transportation Research, University of Tennessee, P Global Mobility, EV, Alexa, Ferrari, GMC, Ford, Madison Hall, McLaren, Anadolu, Getty, Research, Tesla Locations: Manchester , New Hampshire, Canadian, North America
But Americans love SUVs and trucks, and they're going to have to pay for them in the near term. A lot of prospective EV buyers just haven't yet found the types of EVs they're looking for. They don't necessarily need more luxury electric sedans — they want the trucks and SUVs they're used to. A recent study found most car-buyers don't want to spend more than $50,000 to go EV, but they also want electric trucks and SUVs that inherently cost more. Bigger vehicles are often just more expensive, largely because they require bigger batteries — the most expensive part of these new EVs.
But to boost EV adoption, not all chargers need to be on highways, experts say. The goal is to put 500,000 public EV chargers on US roads by 2030, up from about 130,000 currently. EV chargers need to meet people where they're at. Studies suggest that a lack of reliable and functional EV charging is one of the biggest factors standing in the way of consumer EV adoption. Of note, however, is that a majority of EV charging can technically be done at home.
They've depended on third-party charging firms like ChargePoint, EVgo, and Electrify America to provide EV buyers with public plugs. Many automakers even offer their EV customers free charging through partnerships with these networks. For EV buyers attracted to brands with free public charging deals, the promises don't always seem to live up to expectations. The argument could be made that a majority of EV charging can be done at home — but many prospective EV buyers live in multi-family buildings without access to a garage plug. Mercedes recently announced the launch of its own charging network in an attempt to catch up to Tesla.
Many prospective electric car buyers worry about an EV's range, or how far it goes on a charge. But with new battery tech and more available charging, range shouldn't be a prime factor. But some experts say that in picking the right electric car, that last question of range is becoming less important — and less helpful. That's because in reality, most drivers don't need long-range EVs. "You don't need batteries that go 800 miles when it's convenient and easy and quick to recharge every 300 miles.
But Americans love SUVs and trucks, and they're going to have to pay for them in the near term. A lot of prospective EV buyers just haven't yet found the types of EVs they're looking for. They don't necessarily need more luxury electric sedans — they want the trucks and SUVs they're used to. A recent study found most car-buyers don't want to spend more than $50,000 to go EV, but they also want electric trucks and SUVs that inherently cost more. Bigger vehicles are often just more expensive, largely because they require bigger batteries — the most expensive part of these new EVs.
A pricing battle could accelerate EV adoption, but automakers will have to sacrifice profits. Today's pricing war (coupled with new federal EV tax credits) could boost demand, helping automakers to boost volume, further helping with cost. The problem lies in profitabilityBut Tesla and Ford's price cuts mean they'll deprioritize profitability for the time being, and that worries industry analysts. "The current EV price cuts appear to defy logic… This will make the unprofitable low-return EV business that much more challenging until massive scale is achieved." "We view the price war as being good for consumers and it should help with overall EV sales and adoption," Nelson said.
But it's hard to say exactly how a used EV depreciates without much historical data. There are many things to consider when evaluating a used EV. Nobody knows how much a used EV is worthThe way that used luxury and non-luxury gas-powered vehicles depreciate might not necessarily apply to used electric cars because of several caveats, according to Edmunds analysts. What data we do have on used EV sale prices may not apply to the cars coming out now. There isn't much used EV data available to know how an EV might depreciate.
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