JPMorgan Asset Management strategist Michael Cembalest had previously predicted that President Joe Biden would drop out from this year’s presidential race in his list of “top 10 possible surprises for 2024” published in the company’s Jan. 1 “Eye on the Market Outlook” report.
This one is now the key. The vast majority of complaints now revolve around usable charging infrastructure. The people who rely on fast chargers (we should be making it so those are unnecessary for 99.5% of times) are finding many of them either broken, have the cables clipped, or they don’t charge at the rated speed. Two of those things can be fixed with proper maintenance and the cable clipping can be fixed with proper security. Honestly, we need to incentivize PUDs to setup fast chargers. That will make EVs more attractive in rural areas and eventually provide a new source of revenue.