If you’re in the market for a new passenger car or work truck, you’re probably looking hard at EVs. I’ve written, for example about the Ford Lightning pickup truck, a sleek, powerful machine with enough batteries on board to run a large house in a power outage.
But the market has slowed a little, and car makers are getting nervous. What’s happening?
A new survey from Parks Associates finds that “Inflation and interest rates are up, and consumers perceive electric vehicles as expensive, challenging to charge outside the home, and limited in range.”
As a result, purchase of EVs has declined slightly since the Pandemic settled into its current hesitancy.
Looking closer at those consumer concerns, however, you find ultra-simplifications and huge gaps in understanding. Rarely do buyers or sellers do ALL of the math needed to evaluate an EVs pros and cons.
For example, a major consideration is the range of the batteries. Newer models achieve about 250 miles on one charge. The average daily commute is about half an hour, although the data shows large groups of people both above and below that range.
The bottom line is that an EV, under the right circumstances, with the right level of use, has plenty of range, and significantly reduces the lifetime CO2 footprint compared with a fossil-fuel powered equivalent. But there’s a catch. You have to keep and use it correctly.
What is correctly? Let me give you three key goal posts.
About 5 percent of US households own an EV, and the auto industry has been re-gearing for a massive shift to EVs over the next decade. At least two car companies, GM and Volkswagen, have announced plans to make 100% EVs by 2035.
We need the transition away from combustion-powered engines. Efforts to move us toward bikes, mass transit and other modes of transport are worthwhile, if comparatively small impacts. And the problem of battery production, recycling and longevity still has an uphill climb to achieve what could be called a sustainable halo.
The important takeaway? Converting to EVs now does reduce our CO2 pollution, but only if the car is kept for many years, charged with renewable energy, with attention to the end-of-life plan for the batteries especially.