In this video, we talk with Steve Blunt, a potential electric vehicle customer, about what you need to know before buying an electric vehicle. Steve asks several questions about EVs and how they might impact his lifestyle and purchasing decisions. We compare buying an EV versus a traditional internal combustion engine vehicle and how the process has changed. We also look to the future of EVs in Australia. We discuss a range of topics to help Steve make an informed choice: Comparing the overall cost of an EV versus an ICE vehicle, including upfront costs versus potential long-term savings on fuel and maintenance. Understanding charging stations, charging times, and charging coverage to ensure an EV will meet your needs. The differences between zero direct emissions, tailpipe emissions, and overall emissions including the environmental impact of manufacturing EVs. The use of rare earth metals in EV batteries and options for recycling used batteries. Adapting your lifestyle to an EV including how you refuel and potential changes to your daily driving habits. How residual values for EVs may differ from ICE vehicles. In summary, while EVs are more environmentally friendly and cheaper to fuel and maintain, there are several factors to consider to make sure an electric vehicle suits your specific needs and daily driving requirements. With Steve’s questions answered and a better understanding of both the advantages and challenges of switching to an EV, he’s now equipped to make the best choice for his situation.Become a supporter of this podcast: https://www.spreaker.com/podcast/talking-business-with-mark-and-john--5696935/support.

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