Part 4/9:
A pivotal reason behind the reluctance of consumers to purchase new electric vehicles lies in the increased associated costs. Buyers often encounter higher initial purchase prices, elevated insurance premiums following new risk rating systems, and repair costs. Notably, the lack of home charging infrastructure exacerbates these issues, as individuals without driveways are forced to rely on more expensive public charging options. An illustrative case presented is that of Steve Ray, a resident whose housing association prohibits the installation of a private charging point, illustrating the systemic barriers faced by certain consumers in transitioning to EVs.