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EVs Lack Appeal to Reach Mainstream Customers

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March 4, 2020—Electric cars might be lacking the appeal for mainstream customers, says Carlos Tavares, chief executive of Peugeot, per a Reuters report.

Factors that are detrimental to electric vehicles are the lack of a dense charging network, limited operating range of the car and the long-term price of electricity. 

Electric vehicles will need to become more affordable between now and 2025, according to the report.

 

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