Leaders.com
  • Business
  • Leadership
  • Wealth
  • Master Classes
  • Business
    • Entrepreneurs
    • Executives
    • Marketing and Sales
    • Social Media
    • Innovation
    • Women in Business
  • Leadership
    • Personal Growth
    • Company Culture
    • Public Speaking
    • Productivity
    • Hiring
    • Social Issues
    • Leaders
  • Wealth
    • Investing
    • Cryptocurrency
    • Retirement
    • Venture Capital
    • Loans and Borrowing
    • Taxes
    • Markets
    • Real Estate
  • Master Classes
Business Electric vehicles (EVs) are becoming more widely accepted, but there are a few things that need to be done before drivers can make the switch

Electric vehicles (EVs) are becoming more widely accepted, but there are a few things that need to be done before drivers can make the switch (Photo by Vachira Vachira/NurPhoto via Getty Images)

By Savannah Young Leaders Staff

Savannah Young

News Writer

Savannah Young is a news writer for Leaders Media. Previously, she was a digital reporter for WATE Channel 6 (ABC)...

Full bio


Learn about our editorial policy

Nov 30, 2022

What EVs Need To Survive

Electric vehicles (EVs) are becoming more widely accepted, but there are a few things that need to be done before drivers can make the switch.

Key Details

  • What EVs need to do to attract more buyers, according to Bloomberg writer Hannah Elliot…
  • Lower the price tag to be equal or less expensive than traditional cars
  • Institute quality control
  • Increase the number and availability of charging systems
  • Make models better looking than the current offerings

Why it’s news

EVs are the future as many car makers have been jumping on the chance to ditch gas-powered cars and go full speed ahead with EVs.

Battery-operated vehicles are becoming more widely accepted as more people are making the switch, but a few obstacles are stopping people from choosing an EV over a gas-powered car.

One of the biggest reasons—the price. EVs are significantly more expensive than gas powered cars. 

The average price of an EV in the U.S. is $66,000—a 13% increase over 2021—while the average price of a gas powered car is $48,000, according to Kelley Blue Book.

Another obstacle standing in the way is quality control. As EVs become more popular, many established car makers as well as little startups have been rushing to create EVs and the vehicles are not made well.

Overall new vehicle quality dropped 11% this year, with the biggest drops coming from EV makers including Polestar and Tesla, according to JD Power’s most recent initial-quality study.

Charging stations have held many people back in the process to switch EVs as the U.S. does not have an adequate amount of chargers. 

A recent study by McKinsey estimates that the U.S. needs about 20 times more public charging stations than currently exist—2.4 million would be needed by 2030 versus the 120,000 current ports across the U.S., which is what the Federal Highway Administration reports. There are about 2 million EVs in America at the moment.

The U.S. is in the process of rolling out a nation-wide charging network so this issue could soon become a thing of the past, but for now it remains relevant.

The network will place a charging station roughly every 50 miles along interstate highways, as part of President Joe Biden’s plans to have zero-emission vehicles be the main drivers on roads.

Lastly, many people don’t like the overall look of EVs. 

Many people look at what a car looks like before deciding they want to drive the vehicle full time. Since EVs are still relatively new many manufacturers are trying out different designs to see what works the best, but most of them look strange holding people back from purchasing. 

Regardless of these issues, EV purchases are still rising across the U.S. and the rest of the world as more people jump on the bandwagon to go green.

Home / News / What EVs Need To Survive
Share
FacebookTweetEmailLinkedIn

Related Stories

Parent’s Wealth Tip The Scales In SAT Scores and College Admissions

by PJ Howland Leaders Staff
Wealth

Oct 25, 2023

Parent's wealth tips the scales for SAT numbers

New data shows a strong correlation between family income and SAT scores, indicating the exam may act as a “wealth test” that advantages higher-income students.

Key Details

  • Students from wealthier families tend to score higher on the SAT than lower-income peers due to advantages like well-funded schools, tutors, and extracurricular activities.
  • The pandemic has exacerbated SAT score disparities, with average scores dropping the most among disadvantaged groups.
  • Addressing the gap requires increased funding for lower-income school districts and expanding access to test prep resources.
  • Children from the top 1% of families are twice as likely to attend an Ivy-Plus college (Ivy League, Stanford, MIT, Duke, and Chicago) compared to middle-class families with similar SAT/ACT scores.

Go deeper

FacebookTweetEmailLinkedIn

Seattle Takes The Crown For Advanced Tech Talent

by PJ Howland Leaders Staff
Tech

Oct 24, 2023

Seattle tech talent

Seattle has emerged as the metro area with the most advanced tech talent, beating out tech hubs like San Francisco and Silicon Valley.

Key Details

  • According to a new ranking by the Burning Glass Institute, Seattle has the highest proportion of advanced tech workers compared to other cities with similarly sized tech workforces.
  • The ranking evaluated 60 million high-paying, in-demand tech job postings and histories to identify cities with cutting-edge roles like AI and cybersecurity rather than legacy tech positions.
  • With tech giants Amazon and Microsoft headquartered in Seattle, the city edged out the San Francisco Bay Area, Boston, Austin, and Raleigh on the list.
  • The report found that demand for software developers and IT support specialists has declined over the past five years as companies seek more specialized tech talent.

Go deeper

FacebookTweetEmailLinkedIn

More Americans Can’t Keep Up With Car Payments

by Colin Baker Leaders Staff
Loans and Borrowing

Oct 23, 2023

car loans, used cars

A record number of Americans are behind on their car loan payments as higher interest rates and prices weigh on consumers.

Key Details

  • According to data from Fitch Ratings, 6.11% of car loans were at least 60 days delinquent in September, the highest since tracking began in the early 2000s.
  • Some interest rates on used cars can rise to as much as 21%, according to Bankrate.
  • Soaring prices and rising interest rates are squeezing consumers, making it difficult for some to keep up with their auto loans.

Go deeper

FacebookTweetEmailLinkedIn
Chevron Gas Deal
Markets

Oct 23, 2023

Chevron Makes $53 Billion Deal Amid Surging Gas Prices

by PJ Howland Leaders Staff
nike logo
Company Culture

Oct 20, 2023

Nike to Require More In-Office Days From Employees

by Colin Baker Leaders Staff
blue collar workers
Retirement

Oct 20, 2023

Explaining The ‘C+ Grade’ Retirement Ecosystem in The United States

by PJ Howland Leaders Staff

Recent Articles

Hiring

Nov 1, 2023

Learn the Winning Answers to the Most Common Phone Interview Questions

Come to your next phone interview fully prepared

Personal Growth

Oct 30, 2023

85 Quotes on Self-Love to Boost Your Self-Esteem

Don’t fall into the trap of harsh self-criticism

Company Culture

Oct 27, 2023

What is a Sabbatical? Your Ticket to Restful Growth and Meaning

Sabbaticals can benefits both employees and businesses

  • Business
  • Leadership
  • Wealth
Join the Leaders Community

Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business.

Subscribing indicates your consent to our Terms & Conditions and Privacy Policy

Leaders.com
  • Privacy Policy
  • About
  • Careers
  • Cookie Policy
  • Terms
  • Disclosures
  • Editorial Policy
  • Member Login

© 2025 Leaders.com - All rights reserved.

Search Leaders.com