The Expert Podcast

So, what do you think? Are EVs going to happen or not? I know you have an opinion about this. We're seeing a lot of mixed messages this week about electric vehicles. One is that the electric car boom is slowing down because they aren't good enough. That's a pretty bold statement. Do you agree with that? And if you agree, are they ever going to be good enough, or is it just a fad or growing pains? Do they have to up their game and become better vehicles, or is it just the whole idea of electric vehicles right now a non-starter?

It may be that there's not enough charging stations, or it may be that the way EVs match people's lifestyle choices doesn't align. What is your opinion? Also, it's having an effect on people's finances. EVs are losing half their value in just three years. Gasoline cars, traditional IC cars, also have depreciation—you buy a new car and it loses value. It doesn't lose this much value like EVs do, but it used to. Now, a lot of used cars are holding their value if they're traditional IC cars, but EVs are dropping like a stone.

Do you think that it's because the previous current version of electric vehicles are defective in some way and newer ones will be better? Or is it a way to get a deal right now on a used car? Maybe if you can buy a used electric vehicle for a lot less than a gas vehicle, it makes it worth it. What do you think? I know you have an opinion about it. Let us know in the comments.