businessplanet

The biggest obstacle for electric vehicles

wide adoption is their failure to address an actual problem from the driver’s point of view. Electric vehicles have less range, lower residual value, higher cost—and this includes fuel cost—slow charging time, and are adversely impacted by cold or hot weather, among other issues. In 1917, electric vehicles represented 38% of the U.S. car fleet; there is a reason why they are at 1% today. Internal-combustion cars offer a more-viable transportation option.