You've got $20,000 to spend on an EV: Here are some options
Briefly

You've got $20,000 to spend on an EV: Here are some options
"With a new war in the Middle East driving up gas prices, American drivers are once again remembering that electric vehicles are much cheaper to operate and therefore worth considering."
"Once we jump up into the next (arbitrary) price bracket-$15,000 to $20,000-many of the newer, longer-range EVs that debuted post-pandemic are now affordable."
"The No. 1 concern among consumers when it comes to a used EV is the state of the battery; modern EVs with proper thermal management are a much safer bet, losing about 2 percent capacity a year."
"Reliability might be a concern, since many will be early examples of their type, built while their respective OEMs were still figuring out this new-fangled technology."
The rising gas prices due to geopolitical tensions have prompted American drivers to consider electric vehicles for their lower operating costs. The used EV market is expanding, particularly for buyers with budgets between $15,000 and $20,000. Options include newer, longer-range models that debuted post-pandemic. Concerns about battery degradation are less relevant for modern EVs, which typically lose only 2 percent capacity annually and are often still under warranty. However, buyers should be aware of potential reliability issues with early models as manufacturers adapt to new technology.
Read at Ars Technica
Unable to calculate read time
[
|
]