Reported 4 months ago
A note from Bank of America highlights the total cost of vehicle ownership as a deterrent for car sales, mentioning high interest rates, insurance, and maintenance costs. Autoblog Editor-in-Chief discusses how electric vehicles (EVs) could be a more cost-effective option, noting that charging is becoming more appealing to consumers than gas, especially with incentives like rebates and subsidies for home chargers. As the EV market grows beyond the early adopter phase, more variety, from trucks to sedans, is becoming available, offering American drivers more choices in car ownership.
Source: YAHOO