COAST-TO-COAST EVS #20

EV Channels Review

This 'Coast-to-Coast EVs' live stream features a discussion on the current state of EV adoption and infrastructure, addressing common narratives with data-driven insights. The hosts debunked a claim that 50% of Tesla owners trade in for gas cars, presenting research showing only 13.3% do so, with 70% trading in for another Tesla. They also countered the 'EV demand dropping' narrative by highlighting Tesla's continued investment in its semi-plant and overall EV sales increases, despite economic headwinds and individual company struggles. The conversation touched upon the growing charging infrastructure, including new high-power chargers in Canada and the expansion of networks like Rivian's Adventure Network. A key takeaway is the approaching price parity for EVs, making them increasingly competitive with internal combustion engine vehicles, and the evolving charging landscape with more diverse and strategically located options.