A major obstacle to EV adoption that is always overlooked is the inability of apartment dwellers to charge at home.

Im not fond of Tesla, but I do like the fact that they've been steadily slashing the prices of their vehicles, and that you can literally order one straight from your smartphone. No haggling, no excessive unnecessary markups, you don't have to stay there all day, etc... I think its time we allow all automakers to sell direct-to-consumer and cut the middle man.

The government isn’t fast enough to patch potholes on the roads. How could you expect to have enough charging stations.

We have the coldest winters in many years here in Scandinavia, some places they never have seen lower tempraturs in recorded history, and the EV's and yeah electric buses that we have struggles big time , the buses often take no charge at all. many EVs is also crazy expensive to repair.

Prices are too high, and dealerships keep adding more dealership fees. It's ridiculous. On top of that, interest rates don't help.

I'm shocked that the dealership owner, who makes the majority of his money from service, is against EVs that require almost no maintenance. 🙄

I rented an EV. The biggest issue was anxiety about the range particularly if you’re traveling to a remote location. Lack of charging stations is still a real problem and obsolete ports is a real issue as well.

00:02 EV sales are slowing despite significant investments and government support. 01:58 There is an oversupply of electric vehicles in the industry today that is greater than the demand. 04:28 The market for EVs is facing slower sales and weaker demand 06:25 EVs tend to be more expensive than gasoline vehicles 08:23 EVs offer more certainty in technology and improvements compared to ICE vehicles 10:31 Regional variation and competitive pricing contribute to EV inventory buildup. 12:37 Tesla's aggressive pricing and supercharger network make it difficult for other EV manufacturers to compete. 14:43 EVs are piling up at U.S. dealerships due to lower prices and Tesla's dominance. You Can't Judge A Video By Its Cover. you can by its first few chapters and certainly by its last.

A friend of mine pre ordered the lightning in Canada. 75k when he pre ordered, when they wanted to deliver 2 years later, it was 140k. That's why they are sitting at dealerships.

I don't think they ever directly mentioned that for a lot of people paying over even $30k for a car is a non-starter. Cost of living is going up for a lot vs wages.

$42,000 to replace a bumper on a Rivian due to a fender-bender. Just watched a video out of Canada a guy tried to avoid something on the road in his Hyundai Ionic and he thought he had. Whatever it was created damage to the battery protection... dealer quoted him $60,000 (C) for a new battery. He called his insurance agent who totaled the car because it wasn't worth $60,000. Now, his car insurance will be doubled for the next 10 years. The suburb of Dallas I live in had a recent EV fire... started in his garage. Luckily, the fire department arrived in time and was able to yank it out of the garage before the fire became out of control... which eventually it did. Other people have mentioned other drawbacks... cold reduces range and if you want to run your heater... forget about it. Towing anything will reduce range. Tires wear out 30% faster, etc.

I live in Texas and EV sales have never taken off. Most dealers don't even have EVs on their lots. Plus, until the price goes down there will be little to no demand in Texas. Texas isn't funding charging stations so if you have one your going to stay closed to home. Once you own one, you'll pay more to charge then buying fuel plus pulling over to charge is a lot longer then pulling over to fuel up.

I’m surprised there was no mention of Franchise Dealerships adding obscene “Market Adjustments” to EVs during 2020-2022 where a $30k car turned into a $40-$60k car because of their greed. I signed up for a Ford Lightning only to have the dealership it was delivered to tell me I had to pay a $60k “Market Adjustment” if I wanted to buy it and if not someone else would pay it. Ford really lost me as a long time customer at that point.

Thank goodness we have a relatable person like the owner of a Mercedes dealership to guide us through what we all want in a car.

Charging stations are definitely part of the problem. I work in hospital transportation. We have, on average, 1200 staff vehicles on site. And we have four (4) charging stations that only allow for a 4-hour charge. Add to that the unwillingness of staff to come out and move their vehicles after the 4 hours, it causes quite a bit of friction. Unfortunately, due to massive pay increases to union nurses, the hospital cant afford to install more stations and wont be able to for at least another 3-7 years.

This just feels like a dealership cry. They've had their run at gouging customers for unnecessary services and charges and it's now hurting that EV manufacturers sell direct.

The history went from "No one is buying EVs" to "No one is buying EVs from Dealerships" very fast. lol

I think part of it might be the news of $60k battery replacement costs

EV's will never be a large sales item.

Mercedes dealership owner: "Its not fair that Tesla can sell directly to consumers to streamline the process and give lower prices." No wonder people prefer buying from Tesla when the attitude of the ICE dealer is 'we can't beat people we can't screw over'

The biggest problem with EV's that few manufacturers have addressed is the availability of basic EV's. Do we really need all the high tech wizardry and plush luxury to drive 10 minutes to the store?

LOl when a ev vehicle driving range in cold weather drops by 80%. the dash says 600 km but range it gets is 150-200km or less and cannot charge in cold weather . do you know why? because a frozen battery cells cannot be charged

I live in Ontario Canada I will not buy an EV vehicle , it would never hold the charge in the winter, what the governments need to do is find a different fuel to run vehicles on such as Hemp, and make it so we can convert our regular gas vehicle to. They also have to look more at the factories that are continuously pumping pollutants into the air, vehicles in general are way to costly.

There's no way in hell that 86% of car buyers were considering an EV.

Part of the problem is the dealerships' greed, ridiculous, unethical price gouging, and consumers' willingness to pay 5K - 20K over MSRP.

Jumped in my 1999 clk model and drove from Los Angeles to Oakland. With the heater on. And I'll do it again!

It comes down to insurance and maintenance price for parts as whole and warranty ( If something brakes they want to replace the whole thing and not just a particular part,costing more for repairs )

Yes, the good old Mercedez is the perfect dealership to do a topic on EVs and the average American household.

According to AAA, EVs often lose 12% of their range in cold weather, but the loss leaps to 41% with the heater on full blast.

Has anyone information on the difference in car insurance?? I believe this is a very important line item to add to the EC vs ICE comparison.

you start to notice the law of supply and demand never goes down in favor for consumer... they just make excuses for not putting prices down enough or at least cover future cost of battery replacement

I wish all automakers would sell directly like Tesla.

It was -40f here in Montana last week! I didn’t see 1 electric car on the road! Lol

The one thing the old guy said that is right is that Tesla’s vertical integration and direct to consumer model gives them a huge advantage. What he didn’t say is that the big 3 failed to invest in EV’s over time and now they are having to spend tons of money to catch up quickly but because of interest rates that can only sell those vehicles at a major loss.

Another issue for the ev is weather. Those of us in harsh winters, temperatures adversely affect batteries, period. When you go weeks to months with temperatures that are below zero Fahrenheit and windchill factors consistently at -40 Fahrenheit or lower and that is without driving the vehicle in the wind. You find that the average EV mileage between charges drops anywhere from 35% to 60%. Now EVs become unrealistic to drive in winter. Tell me how would the EVs handle the actual temperature overnight of -39 Fahrenheit and windchill was between -60 to -80 Fahrenheit. This actually occurred one to two weeks ago depending on when you read this. This was out in the country, not city, with no garage to house the vehicle. Gas vehicles had to be started every 4 hours and run for 30 minutes. EVs don't profit by doing that, do they? EVs are not realistic for millions of Americans who experience harsh winters.

they don't tell you battery replacement costs or that the tires cost 3 times as much as a regular tire because they are so heavy ... and when you really need it will be when if goes dead and no charger close... I never want one.

We need small basic cars that are affordable for going back and forth to work or grocery shopping runs. But they do not want to build those because they want to build vehicles that allow them to double their money on each one sold.

You notice it’s never mentioned the cost of battery replacement and how long it will take. It will scare off buyers.

After doing some calculations insurance, maintenance and gas cost combustion engines are stayed way too go Ev saving but looks at the insurance costs it covered my annual gasoline cost maintenance costs ways tooo high battery may not last more than 10 years! Resale value really doesn’t know how it works

The unsold EVs will need their battery replaced before they're even sold at retail...

One thing I learned is never trust what a dealership says.

Few weeks ago CNBC made an hour video of how car makers are shifting to EVs. Now we have this video. Amazing.

i will never undersand anyone with normal intelegence buying a ev vehicle. main reasons are , .. the astounding repair charges, tires wear out twice as quick because of the weight, you will need to take out a mortgage if you need to buy a new battery, and there are hundreds of other examples . also insurance costs.

BATTERY, BATTERY, BATTERY... what happens if those HUGE batteries gets busted or doesnt work anymore? can anyone fix it? I know ICE can be fix by most mechanics and shops... but batteries how do you fixed it? if its replace then how much would it cost? and what do they/we do with the batteries that are being replaced?

The real issue is that that manufacturers have aggressively targeted upmarket segments for EVs. There are not nearly enough EV options in the $30k range. Everything seems to be a $60K+ SUV. I thought Toyota and VWAG would hit the lower market segments hard but they just haven't.

There's also a big disconnect between what these highly compensated CEOs think and what the average middle class buyer thinks when buying a vehicle. Even us upper-middle class folks don't want to spend $80k on a vehicle.

They are way too expensive. If it were cheaper, the lack of range is easier to get over. I understand that it's an early technology

The battery cost more than buying a brand new gasoline car.

"The auto industry continues to launch more EVs at that $50,000 to $60,000 price point, which is already well saturated."🤔

I’ll share my perspective here as part of the younger demographic. I’m a 29 year old, new homeowner making six figures in the midwest. I am still driving the car I moved in to college with (an old 2006 Jeep with 160k miles on it). In many ways I am the ideal customer for car manufacturers. I have no kids, little financial responsibility, and at this point in my life I find myself for the first time having a nice surplus of income. I am currently looking for a new car. Why am I not buying an EV? Right now, buying a new vehicle is clinically insane. The F-150 lightning is going for $80k. That’s twice the average American’s yearly income! Even people with a relatively high disposable income are getting sticker shock. Most of us are either holding on to the vehicle we have or looking at older cars that actually fit our budget. There simply aren’t “old” EVs yet. There isn’t a “bargain” EV for me to buy right now. The only vehicles that are sane to buy right now are older vehicles from like 2014 and even those feel like a punch to the face in the dark. I’ll also say of the new cars rolling out today, it feels like more than half the car’s MSRP is being determined by smart technology features. Feels like I’m buying a computer that can also be a car, when what I need in a vehicle to get me from point A to B.

Because we've all had a chance to rent them now and we do not like waiting for a charge! Time is money!!!

I have been driving electric since I was able to lease my first Leaf. I have been able to do all my charging at home. For a long time the only other place I knew of was the Nissan dealership. A Wal Mart parking lot I could get to put in some charging stations, but they were Tesla. They have since added more hook ups I think might be good but haven't checked. I never thought charging would become as fast and easy as gas or that we could do away with gas completely. Not until we have the world of "Demolition Man" anyway.

Tesla has about 16 days of inventory stock, in lots and in transit to customers. Its mostly a legacy automaker problem

Hilarious to hear the Mercedes dealer straight up acknowledge that the dealership model means higher prices for consumers. Need to see more direct-to-customer sales. I don't go to a dealership for any of my other expensive purchases. Don't see why I need to haggle over my car.

It's not complicated: -They're expensive -Take like an hour to charge -Terrible resale value -Low milage range -Not enough charging stations If the Government wants us to change, they need to pay for gas stations to add a few EV Charging ports.

Haw long do the battery last?

The main problem with EV sales is the number of customers with enough money and the desire to buy one.

Big expensive EVs are not what the market wants. The ideal EV is a small commuter. The automakers missed the mark....badly!

Range anxiety? It is an actual range fact: An ICE care range has 300-400 miles with average use. An electric car has 160 miles with average use because people only charge between 20 to 80%

Chevy should bring back the Volt, it's weird that other than BMW i3 w/extender there's no 50 mile + plug ins

It's a combination of things: -The sticker price, and dealer tacking on "market adjustment rate" charges to them. Dealers are terrified of Tesla's direct sales model, since it cuts them out completely, and why they're fighting tooth & nail in various states to prevent direct sales from other automakers. I have never met anyone aside from car salespeople who enjoyed the car buying/haggling process used at traditional dealers. -Automakers building the EV's much in the same manner/mentality as their gas vehicles. Tesla regularly gives you free over the air updates which adds new software, bug fixes, and updated maps. Other automakers want you to buy their latest model for that, and charges you for navigation updates. -Not everyone has a way to charge an EV at home. Until there's more DC fast chargers readily available for those folks who only have side street parking or lives in an apartment complex has a way to reliably charge their EV, they're less likely to get one. And frankly, DC fast chargers aside from Tesla's supercharger network sucks. Great when it works, but oftentimes it's broken or only charging at a lower speed than what it advertised. Or there's not enough of them, and people have to wait in line. This is why so many automakers are switching to NACS. Sure, EV's have a long way to go. But if they had that same 100 year time span that gas cars got, a lot of those issues would also get resolved. If nobody wanted electric cars, they wouldn't be selling, and companies like Tesla should've already gone bankrupt.

The biggest problem is people are struggling financially. You then want them to spend $70,000 or more for an EV. Those two situations do not mesh well.

My wife and I bought our first car almost a year ago. A brand new EV was at least $90K while a used Kia with less than 7K km was $30K. It was a no brainer. Plus, how do these companies think apartment dwellers will recharge their vehicles? Canada wants to have majority EV vehicles by 2030-35 and there’s NO WAY that’s going to happen!

2 EVS home charging station SOLAR electric backup ❗️Absolutely satisfied and using solar for charging we 0 for charging. We travel about 150 miles a month.

the real problem: dealers and manufacturers are getting greedier than ever and despite getting billions in tax deductions and incentives and rebates, they refuse to pass the savings onto the customer. this greed will create a market crash

I would have absolutely LOVED to have a Ford Lightning. But when I was in the market for a new car, the lowest I found was $75,000. I'm never paying that much for a truck

hybrids are underestimated. You don't need to invest in infrastucture but you got 40-50% less emission easily (in normal whether).

If it's Lithium or Lithium base or like most rechargeables.. Beware ! Here you go, in plain English Lithium batteries are regulated as a hazardous material under the U.S. Department of Transportation's (DOT) Hazardous Materials Regulations (HMR; 49 C.F.R., Parts 171-180). Exposure to Lithium can cause loss of appetite, nausea, vomiting, diarrhea and abdominal pain. ► Lithium can cause headache, muscle weakness, twitching, blurred vision, loss of coordination, tremors, confusion, seizures and coma. This isn't for me or my family. Good luck, with your so called .. clean energy !

Perhaps the real problem, even for those of us who can afford to buy them, is that they cost too much to make sense. I would never pay $80,000 for a car no matter how nice it may be. The cost of automobiles has gotten ridiculous over the last decade. Ford, GM, Chrysler, and Tesla need to think about their future.

EVs are really only practical for commuters in suburban areas. Like others have said, apartment dwellers don’t have easy access and in rural areas they don’t have the infrastructure for EVs plus they have longer distances to drive.

Another huge problem is when you cannot charge at home, ie, road trip. Charging infrastructure is awful. Additionally assaults and creepy panhandlers are common at charging stations…..and then to get away you gotta get outta your car to unplug. That’s when you get mugged. It just creepy and scary, plus you never know if the station is operational until you get there.

I'll never understand the charging station only approach. Why didn't the industry go to universal auxiliary battery swap stations? Not the main battery just smaller portable ones that give maybe an additional 50-100 mile range.

The big 3 dealers add anywhere from 3500 to 10,000 in dealer mark ups. The EV's are on the high end of the markup range. You have pickups and cars that are going for 100k it's just too expensive even with a 72 month financing option with really good credit.

Y’all should interview actual EV owners and see why and how their transition worked for them. The conversation between daily driving and long distance driving is a real one but as an owner of both combustion and electric as well as the issues I had with a combustion vehicle that I bought new was a factor in my decision. As well as gas prices of course! 😅

I ordered one then changed my mind because the range of the bolt is insufficient to go out of town. a trip that takes me 1 day would take me 2 days.. Too much inconvenience and no real range. I tried to buy a new hybrid toyota but the dealer was going to take delivery of only one and it was sold.

Another problem is the lack of parts, support and repair services available.

Someday we will be looking back remembering the EV craze.

I live along the Gulf coast. Evcacuations during natural disaster is a dealbreaker. Electrial outages, stuck on a grid-locked highway, no way and no where to get some juice.

In the UK there was a rule that ICE vehicles couldn't be sold past 2030, that then got changed to 2035 and it feels like overnight people were less interested in EVs. I guess 11 years is a long time and people expect to change their cars maybe twice in that time

The reason for stock-piling is quite simple: Every car manufacturer wants to sell in the mid-class regime. Surprise! That segment is already filled with Tesla Model 3 and maybe 2 or 3 competitors such as Hyundai or Kia. Upper-class is a topic on its own but that interesting for the mass-market. In Austria in the lower segments for 15-25'000 € even for used cars the main available models are Renault Zoe or Dacia Spring - all other cars start at above 25'000€. It is simply to expensive while manufacturers try to implement some fancy assistants and infotainments that are not even as handsome as a 10 year old smartphone. Combine that further with the incompetence of city councils to provide a few places especially for overnight-charging for affordable prices (this does not mean they have to be too cheap) and one has a perfect toxic mixture for stockpiles.

My neighbors Tesla gets horrible mileage during the deep freeze MN winter. Last winter when we had a couple weeks of single and low double digits, he said he was getting about 100 miles at most on a full charge.

I wonder how much the automakers did this to themselves. I remember Ford dealerships charging 10s of thousands over MSRP on Mustang Mach Es, Lightnings, Mavericks, and Broncos. I can't imagine that bad press didn't hurt sales for all those models once the hype cooled. I literally found out today that I could actually afford a used Mach E.

This trend will continue. None of this should be a surprise. Did they really think most Americans would jump on the bandwagon that quickly? Most Americans simply do not want one, and many simply can’t afford one. People who want EVs already drive them. Why don’t all Americans want to drive these? Current electric cars are often expensive, have limited range, and take much longer to charge then to simply fill up a tank of gas. Not to mention consumers never like being FORCED to do something, such as being forced to switch to EV, especially when it is still a new technology. I know very few people who would consider buying an EV. Especially being in a cold New England state. On cold winter days, the 300-400 miles on a full charge can be cut by nearly 50%. So why bother? The cold weather is another strike against them. I’d get a hybrid at most.

I recently graduated from university. When I moved, my parents gave me a 5-year-old gas car with 77k miles. I'm going to run that into the ground and hope that in that time battery and charging technology will have improved to where a bunch of these issues have been largely solved and made more affordable. Otherwise, I'll look for a hybrid of some sort.

Maybe the slow down is due to the high prices. Even reduced price for Lucid is in mid 85K OTD. I paid 84K for my house.

The reason the big three are showing a slow down in sales is the dealers are price gouging their customers. Most people can't afford those inflated dealer prices. Adding to the fact that their EVs are not very compelling.

For those long road trips, what is it like to wait in line at a charging station while others are already there charging?

We control the prices and what we drive NOT the government .

Tesla has slashed off their prices, well that was the plan all along 😂

The problem is simple. When you are low on fuel,you stop and fill up. In your EV,serious planning is needed.

The issue is there is no where to charge them. As the years go on the idea of home ownership is decreasing greatly. There are not enough charging stations around to support them either.

I just came back from filling up my Honda civic Total time at the pump, 2min 48 seconds. Another 3 minutes to walk-in pay and walk out. There was someone in front of me or it would have been even less time. My neighbour had to get an electrician, pay a few thousand to get the charger in his garage. Also, his home insurance went up because of the increased fire hazard. And on and on, these cars are a scam, these cars all start at about 10yrs away from the landfills due to the cost of the battery, ohh and where do the used up batteries go? So environmental friendly environment

I believe the biggest problem in EVs is when it comes to public charging (except Tesla). I work for The Ford Store Morgan Hill, a dealer in Northern California and last week I delivered a used Ford F-150 Lightning with 17k miles to Carlsbad, Ca which is in San Diego County. The distances was around 406 miles from Morgan Hill, Ca, the range before I put the address on the GPS in the truck was 316, after the address was put in it was roughly 250 miles. I had to charge in just under 200 miles and the charger was about 2 miles away from I-5. No problem at that charger, which was at a Shell station with a Taco Bell, breakfast while I waited to charge to 82% it took 37 minutes and it cost $40.32. When I left that charging station on HWY 43, the truck told me I had to charge again in Santa Clarita at a Walmart which was 87 miles from the first charger. I found the Walmart and the chargers easily, but one of the 350 kw charger was broken, the others were being used and I lucked out that an ID 4 charging on the 150 kw charger was just finishing charging and I plugged in for about 30 minutes. I was then on my way to Carlsbad through the lovely So Cal traffic, I was fortunate that the truck had carpool stickers which helped at lot through that nightmare traffic mid-morning. I got to Carlsbad with a 90 mile range. I decided to go to the chargers at an outlet mall in Carlsbad so I could deliver the truck to the customer with more than a 90 mile range. At those chargers there was 4 chargers with one of them was broken, and the others were being used. I gave up and delivered the truck with just under 90 miles left. Very challenging trip but not impossible. All the chargers were Electrify America which is the company that the Ford vehicles send you to. The customer service at Electrify America sucks, no one answers the phones. By the way our dealer does not mark-up any vehicle.

One thing that almost everyone forgets about is apartment dwellers... I live in an apartment and there's little to no chance that the owners will put in EV chargers. That means I have to charge at work (but we don't have chargers at work or within 1-2 miles), at the gym or grocery store (which is relatively expensive and assumes there are available chargers and my car is charged enough in the 30 minutes it takes me to do my grocery shopping), or take an extra trip out of my day to go to a public charger and hope that they all work. I am saving up for a hybrid or EV down the road and hope that in 5-7 years many of these issues will be a thing of the past.

I was in the auto industry for over 30 years. Ford and GM went head first into a market they know very little about. They know ICE vehicles, they do not know enough about EV’s to make the investments they did. Jim Farley followed Mary Barra down a rabbit hole without knowing what was on the other side. Market day supply is important. 60 days had been the target, back in 2020 and 2021 we saw that supply go down to 10-12 days. I believe a good mix is about 30 days. 90-100 days for EV’s shrink profits sharply. (Dealers get floor plan credits) floor plan credits cover the interest to have the vehicle on the lot. It covers 60 days. If you are turning your inventory every 30 days, you are picking up about $700 in additional profit. At 90 days, you lose the $700, plus another $700 to the bank. A $1400 swing in 60 days is a lot of money when you are talking about a dealership that sells 200 vehicles per month. $1.6.-1.7 million dollars a year is nothing to sneeze at. Dealers will not order cars that are going to sit on the lot for 90 days.

1. I like keeping my cars 2. I cant afford the huge prices of ev. 3 In case I sell the car I don t want to loose so much money 4. I hate heavy cars

I think when dealers started marking up extravagant prices over msrp during the past 2 years. It left a bitter taste to the consumers. Those dealers are probably not going to see repeat businesses again. Those dealerships are probably going only going to sell to desperate people who need a car immediately. After that, the gravy train is over.

Much of the reason for the dominance of Tesla in the EV market is their direct sales model. Having purchased a new vehicle this month I can say that one of the largest impediments to vehicle sales is the dealer experience. With a bit of online research is not hard for the customer to know more about the vehicle than than dealer sales staff. Manufacturers should use the transition to EVs to open direct sales channels.

I don’t think you would have to worry about someone stealing your ev because who would want one…

People found out they don't do good in the cold, charging stations are less plentiful than gas stations, charging time takes longer than filling up with gasoline, it's not as eco-friendly as originally believed, and it's too expensive to deal with that. EV's have always been a failure.