cross-posted from: https://lemmy.world/post/19677493
Turning gas-fueled cars into electric ones can be four times cheaper than buying a new EV.
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This is a very positive step forward for the reduction of fossil fuels as obviously the majority of the world isn’t able to afford the expensive/luxury vehicles that the EV market seems to be focusing on.
which isa good thing.
But being cheaper than a new car doesn’t help you if you have to finance cars in the first place. Kinda doubt there’s going to be a ton of banks willing to work with this.