Within a few years, electric vehicles (EVs) will be superior to gasoline powered cars in every respect.In fact, leading experts now predict that EVs will soon have a lower upfront cost to go with their many superior attributes, which include a much lower operating cost and much faster acceleration.
But that means if you buy a new gas-powered car, SUV, or truck in the near future, you may find it increasingly obsolete and difficult to resell.
Just last week, Wall Street Journal auto columnist Dan Neil discussed why buying a new internal-combustion (IC) engine car would be a big mistake — the equivalent of buying a flip phone in a world of smart phones.
“This is above all a pocketbook issue for me,” Neil writes. “A gas-powered vehicle would be too expensive.”
Why electric cars will soon be superior to gasoline cars in every respect
The race to build a solar road that wirelessly charges electric cars.
This financial calculus is based not just on the fact that electric vehicles (EVs) have become technologically superior in every respect and have a vastly lower operating cost. But it’s also the result of the price and performance of EVs improving so rapidly that many major countries — like China, India, the UK, and France — are planning to ban or phase out gas-burning cars in the coming years.