💸EV charging costs more than filling up a petrol car, making it less affordable for users.
🏭Range anxiety and the lack of charging infrastructure in residential areas pose challenges for EV owners.
📉Many new electric cars lose a significant amount of their value in the first two years of ownership.
🔌The high initial cost of electric vehicles also contributes to the decline in demand.
🌍Despite the challenges, EVs still offer the environmental advantage of reduced carbon emissions.