It's the charging.

You have to remember that the market for new cars skews heavily toward wealthier households. These households are generally the ones that can afford a place to charge a car at home.

The market for a used EV is much smaller than for a used gas powered vehicle. People buying used vehicles are much more likely to have housing situations where they can't charge a vehicle.

This factor doesn't apply to gasoline vehicles because everyone, rich or poor, fills up at a gas station.

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klaff 2 days ago | parent | next [-]

I think this is spot on. I bought a new EV 6 months ago. I brag about paying less than $0.03/mile even with a large EV, but it's completely dependent on charging in my garage and being on a plan that reduces my night-time electricity cost down to $0.07/kWh. At cheaper DCFC stations ($0.39/kWh) it's about breakeven with a similarly-sized ICE vehicle and at higher cost stations ($0.59/kWh) it's more expensive per mile than the ICE vehicle.

	▲	kube-system a day ago \| parent [-]
		I don't think most people are caught up on the cost per mile, but the inconvenience factor. If you can't charge at home, you going to have to go exclusively to a public charger, which is already pretty inconvenient for a lot of people, and for people of average or lower incomes, they might not even have one in their neighborhood. We'll probably see a lot more adoption once infrastructure is equitably available to everyone.

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supertrope a day ago | parent | prev [-]

This is analogous to why houses listed for sale are so bland. Realtors and sellers stage the property to appeal to as wide an audience as possible. Even if you could elicit a stronger response from a niche of buyers who love a certain amenity it's a surer bet to appeal to the lowest common denominator.