this post was submitted on 13 Nov 2024
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Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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[–] Frozengyro@lemmy.world 5 points 1 day ago (1 children)

Poor or rich, people on the whole will choose the more affordable option.

[–] astrsk@fedia.io 2 points 1 day ago

Ehhh, (at least in the US) considering the cost of living and insurmountable debt so many young people get into these days due to lack of financial education… even a $20k car loan can still be out of the question for a median salary, assuming a decent budget split recommended by most financial advisors because hardly anyone has adequate savings or emergency funds. But yet so so many people in their 20s and 30s with tens of thousands of debt end up getting loans for $50-$60k cars. It takes a lot to afford a $30k car and there’s like… 2??? EV options anywhere near that price here. And while the used market continues to improve, there’s still just not enough options that make financial sense, especially as subsidies die down in many areas.