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The EV Market Is Struggling Amid Major Mechanical Issues

via CNBC
This article was originally published at StateOfUnion.org. Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak, UltimateNewswire and others. To learn more about syndication opportunities, visit About Us.

Consumer Reports’ latest survey indicates that electric vehicles (EVs) from 2021-2023 encountered nearly 80% more problems than gasoline-powered vehicles, with most issues related to battery and charging systems, as well as body panel and interior fit.

While manufacturers are still learning to construct new power systems, the overall reliability of EVs is expected to improve.

Concerns about reliability, along with higher costs and charging infrastructure, are contributing to the slowed growth of EV sales. (Trending: Another Major Company Goes Woke And Goes Broke)

“They are not selling nearly as fast as they are arriving at our dealerships, even with deep price cuts, manufacturer incentives and generous government incentives,” read a letter signed by U.S. auto dealers to President Joe Biden.

The survey also found that plug-in hybrids are more problem-prone than fully electric vehicles, while traditional gas-electric hybrid systems are more reliable.

Despite some issues, the reliability of EVs is seen to be improving over time.

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