The Expert Podcast

• Rising Repair Costs for EVs: Insurance companies report higher repair costs for EVs compared to internal combustion engine vehicles. This isn't subjective—hundreds of thousands of vehicles are showing the same trend.
• Modular Design Issues: EVs are built differently, with non-modular construction, making repairs more complex and costly. Think of it like repairing a phone instead of a car.
• Reliability Concerns: EVs have 79% more issues than gasoline vehicles, making them prone to more repairs. This translates to EVs being in the shop almost twice as often as traditional cars.
• Costly Battery Replacements: One individual faced a $50,000 replacement cost for their EV battery, which is nearly as much as the car itself.
• Safety Hazards: A Tesla car that drove into water caught fire due to a shorted battery, raising concerns about the safety of EVs in certain conditions.
• Market Impact: These factors—high repair costs, safety concerns, and reliability issues—may influence consumer decisions. For EVs to succeed, they need to be more appealing, unless consumers are forced to buy them.

• Do you think EVs will improve over time? Will people want to buy them, or will they remain inferior and eventually be forced upon consumers as gas-powered cars are phased out? Share your thoughts!