OPEN - The EV Purchase Conundrum - Buy New, Used or Not at All? In this episode, learn more about government mandated EV target dates, the problems that lie ahead for Electric Vehicle adoption in the US and how those problems might affect you.  Also, if you’re considering getting an EV sooner than later, I’ll give you some ideas on how to dip your toe into the EV waters, without getting in over your head.  01:15 - INTRO - The Government Push For New EV's Governments around the world are pushing manufacturers to switch from building mostly gas powered vehicles to producing mostly or only electric powered vehicles as soon as possible.  06:00 - Experts Don't Think The Current EV Target Dates Are Achievable A recent survey of more than 600 industry experts found that nearly 2/3rds of respondents didn’t believe the government mandated shift to EV production was achievable within the 2035 to 2040 legislated timelines.  07:05 – Reasons Why Industry Experts Believe EV Adoption May Not Happen By The Government Target Dates ELECTRIC VEHICLESLess EVs to choose from (this includes used EVs) High EV prices overall (new and used) compared to gas-vehicles Incentives help, but they only offset the high pricePurchase incentives don’t make EVs affordable to the average person. Current EV adoption rates are not growing at the rate necessary to meet the target dates BATTERIESBattery range for lower end models is limitedShortage of raw materials for battery productionDifficulty adapting to a new battery supply chainHigh levels of investment by automakers and suppliersRetraining the automotive work-forceOverall cost of labor   INFRASTRUCTURECurrent lack of charging stations Inconsistent charging capability  Lack of grid capacity POTENTIAL UNFORESEEN PROBLEMSHigh-priced EVs are not affordable to lower & middle income familiesWhere do all the old batteries/battery materials go?  Who takes old batteries apart and deals with toxic materials?Bad actors may damage the power grid15:05 - Your EV Purchase Options - Buy New, Used or Wait? BUY A NEW EVBuying a new EV is still much more expensive than gas-powered vehiclesFederal incentives don’t help as much because the criteria for getting the incentives have changed and fewer EVs and buyers qualifyMy recommendation is to wait until EV choices and supply go up and prices moderate BUY A LATE-MODEL USED EVPurchase a late-model used EV (EX: Tesla Model 3) for $30-35KShould have sufficient range for longer tripsAccess to the Tesla Supercharger network for fast recharging BUY AN INTERIM HYBRID VEHICLEIf you must buy new, I suggest you skip EVs for now and get the new 2023 Toyota PriusIt's finally attractive, relatively quick and fun to drive and you don't have to sacrifice your dignity to get 50-mpg BUY AN INEXPENSIVE USED EV+ A GAS-POWERED VEHICLEMy favorite suggestion is to get 2-vehicles: A cheap used EV for local errands and short commutes, plus a gas-powered vehicle for longer trips and weekend adventuresFor your used EV, I suggest a first-generation Nissan Leaf or the Fiat 500e, which was sold new as a compliance car in California and later in Oregon STICK WITH GAS FOR NOW AND GET AN E-BIKE FOR LOCAL...