The wrong Americans are buying electric cars

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Some Americans have three or more EVs at home but still drive their gas-powered cars more often. Read more at straitstimes.com.

BERKELEY – Mr Keller Strother got his first Tesla, a Roadster, in 2011. He still has it, though his garage now includes two more Teslas and a vintage Porsche 911 that recently had its gas-burning guts swapped out for a battery and electric motors.

“A, the wrong people are buying these cars,” says Dr Ashley Nunes, a Harvard economist studying this dynamic. “And B, the way those people are using these cars makes it very difficult for them to deliver an emissions advantage.” “It speaks to a level of excitement,” says Berkeley economist Lucas Davis. “These people love their cars.”

“That’s bad,” Dr Davis says. “If EVs are going to be an environmental solution, it hinges on them being widely adopted beyond what’s a niche product for rich people.”Electric cars made in China are not only cheaper - they are getting much better too “This is where the typical narrative gets problematic,” said Dr Nunes, the Harvard economist who co-authored the report. “I don’t know anyone driving a 10-year-old EV. Do you?”

 

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