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The Wrong Americans Are Buying Electric Cars

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The Wrong Americans Are Buying Electric Cars

16 Nov 2022  |  Abstracted from Bloomberg

"The EV early adopter has given way to the superuser or, worse still, the hoarder.

" A large share of battery-powered cars are being bought by households that already own an EV, or two or three...despite their good intentions, these double-dippers may unwittingly be shrinking the climate benefits their cars can offer.

"...26% of EV buyers in [Q2] either traded their used electric car for a new one or simply added another to their garage."

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