Trickle-Down EV Owner Economics Doesn’t Work

From Transport Evolved.

In our recent videos on affordable and used EV ownership, we’ve tackled some of the best electric cars you can buy if you’re on a budget (because they’re still well-supported by their respective automakers) – https://youtu.be/XAucCYEbiVY.

We’ve also covered why we think there’s a lot of gatekeeping in the EV repair industry – https://youtu.be/jlQsM_Px_l8 – but today we’re focusing on something that we’re regularly told in the comment section:

"EVs aren’t expensive, and trickle-down economics will make EVs affordable for those who can’t buy new."

While trickle down economics can work for vehicles that are well-supported and looked after, EVs dramatically challenge that ownership model, not because of reliability – but because of a lack of affordable, accessible parts and repair techniques.

Here’s what needs to change…

00:00 – Introduction
02:09 – Cars are getting more and more expensie
03:28 – More people are buying used
04:32 – Trickle down ownership in ICE word
05:32 – EV repairs are still expensive
06:58 – The minority of owners can DIY repair
07:30 – Personal Experience – M
08:58 – Ice cars DO go wrong too!
10:01 – On paper, EVs are cheaper to own and easier to maintain (as long as main components stay happy)
10:31 – With the right help it’s possible to keep older EVs happy and on the road
11:11 – Most buyers no-longer have the knowledge and skills to DIY maintain their vehicles
11:49 – It’s rarely the batteries…
12:58 – EV Trickle Down is flawed
13:41 – How we fix this
15:09 – Conclusion
15:51 – Thanks, and goodbye!

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Watch our video on repairing a Volt – https://youtu.be/XV4Urgl2Uco

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Script: Nikki Gordon-Bloomfield and Kate Walton-Elliot
Presenters: Nikki Gordon-Bloomfield and Kate Walton-Elliott
Editor, Colorist: Michael Horton
Art and Animation: Erin Carlie
Producer: Nikki Gordon-Bloomfield
© Transport Evolved LLC, 2023

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