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Why Aren't EVs Staying In the US Fleet As Long As Gasoline Models?

21 May 2023 | Abstracted from Green Car Reports

"...of the nearly 2.3 million EVs registered in the U.S. between 2013 and 2022, about 6.6% have left the fleet, while about 5.2% of other vehicle types have left the fleet over the same time frame...The study doesn't suggest why EVs are leaving the fleet at a faster rate, but it likely isn't due to battery degradation or durability...Insurance could well be the issue, or part of it, as insurers are far too eager to completely write off EVs...


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