A new study reveals that older electric vehicles exhibit fewer failure rates compared to their gasoline-powered counterparts, challenging assumptions about EV reliability over time. Researchers analyzed long-term data to assess mechanical and electrical issues in both vehicle types, finding that electric models maintained higher dependability as they aged. The findings suggest that concerns about battery degradation and high repair costs in EVs may be overstated for vehicles that have already accumulated significant mileage. This could influence consumer perceptions and the used EV market as more drivers consider long-term ownership.
Older Electric Vehicles Have Lower Failure Rates Than Gasoline Rivals in New Study Yahoo Autos
