After the green label is applied, and you have an endless positive and glowing reports of how awesome and great it will be, selling some “vision of the future,” reality settles in.
Expensive
Often low range
Temperature dependent
Limited life span batteries which are very expensive
Long recharge times
Limited charging stations and locations
Questionable environmental net benefit
Form (a feeling/image) vs. function.
Especially if the economy turns negative and people become more aware of the bottom line, this fad (everything in the US is a fad or trend), will end.
Until they dramatically improve battery technology EVs are not going to be competitive with ICE vehicles and people will refuse to buy them.
Right now EVs are a rich man’s toy parked right next to their 2 ICE vehicles.
Resale value on all EVs must be horrible.
I am driving a 2012 Tacoma. I could probably sell it for $17-19K. I paid $30K.
I would never consider buying any EB more than 2-3 years old.
Especially, when the battery is only going to last 7-10 years.
A guy I work with bought a Tesla Y brand new. I asked him what he is going to do with it when the battery dies in seven years. He said: junk it.