EVs are having a reliability problem

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 30 November 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Consumer Reports is out with a survey finding that EV owners had roughly 80% more problems than owners of conventional vehicles. Key problems included issues with charging and batteries. To the start the show, we parse out findings of the report. Then, chief marketers worry about the prospects of a recession (yet again) and music service Mdundo eyes growth in Africa.

Transcript

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0:00.0	Hi, it's Sabrie Beneschoor with Marketplace.
0:02.3	Are you looking for a way to show off your love of Marketplace this winter?
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0:14.7	support public service journalism check out all of our thank you gifts and
0:18.8	make your year-end donation now at Marketplace.org
0:22.6	slash donate.
0:25.4	Electric and plug-in hybrid vehicles are having reliability problems,
0:29.3	casting some shade on the EV industry.
0:31.8	I'm David Brancaccio in Washington, D.C. today.
0:35.0	Nonprofit Consumer Reports is out with a new survey that suggests the electric car and
0:39.8	truck industry has a reliability problem.
0:42.8	The survey of owners finds electric vehicles had about 80% more problems than conventional
0:47.8	vehicles and that plug-in hybrids with both gas and electric motors are of special concern.
0:53.2	Marketplace is Nancy Marshall Genser has more.
0:55.9	Consumer Reports has just released its annual car reliability survey.
1:00.5	It asks its members what problems they've had with their vehicles over the past year.
1:05.0	Some EV owners reported issues with charging systems and batteries and with how some vehicles
1:10.3	body parts fit together.
1:12.0	Consumer reports says that growing pains aren't a surprise,
1:14.8	since the technology is still relatively new, plugin hybrids were the least
	...

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