Cheap EVs Are Too Expensive

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, explains that the used electric vehicle market is inaccessible to budget-conscious buyers. A recent analysis by iSeeCars found no three-year-old EVs under $20,000. High upfront EV costs and slower depreciation mean that affordable, second-hand electric vehicles remain rare, creating a significant barrier to broader EV adoption.