The state of EV sales: More sales, but risks and uncertainties remain

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The state of EV sales: More sales, but risks and uncertainties remain
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If you think you've seen more electric vehicles on the road, you're not imagining it, but while more people are buying EVs, some still have questions.

If you think you've seen more electric vehicles on the road, you're not imagining it.Officials with ADOT say of the 8 million registered vehicles in Arizona, more than 108,000 of them are fully electric. That's nearly double the number of EVs from two years ago.Fueling the popularity in recent years are Tesla cars: they remain the top-selling EV in America."There is nothing I don't like about it," said Carol, referring to her Tesla EV.

Also, if incoming President Donald Trump follows through on his threat to end the federal tax credit on electric vehicle purchases, many consumers could be priced out.Arizona State University Research Professor Steve Polzin says potential buyers need to understand all the risks, including overall value, as EVs depreciate quicker than other vehicles."The Ford products and the Tesla products have come down in price pretty dramatically.

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