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EV batteries may be giving consumers headaches. Here's why.

A J.D. Power study revealed several issues troubling battery electric vehicles, finding 266 problems per 100 electric vehicles versus 180 per 100 internal combustion engine vehicles. Pras Subramanian joins Market Domination Overtime to discuss the maintenance challenges, particularly for Tesla (TSLA) vehicles.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This article was written by Gabriel Roy

Video transcript

Automotive research firm JD Power revealing several issues, troubling battery electric vehicles.

Yahoo Finances proin and joins us here with the details.

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So already we have slowing sales.

So what are these issues that we're talking about?

Yeah, you know, so in the past people have thought I or sorry, evs are sort of uh they don't need much maintenance.

They're, they're, they're simpler to use.

They just have a battery, a motor, some wiring, you don't have 1000 parts spinning in a motor, but apparently with the JD Power's latest uh initial quality survey uh amongst the brand rankings that they do.

They do also, they break it down back by car and they noticed that uh they do a, they do a uh uh a metric called uh problems per 100 vehicles.

And for evs that that number is 266 problems per 100 vehicles.

Whereas for gas powered cars, it's only 100 and 80 so 86 less problems per vehicle or per 100 vehicles.

Kind of a big, big disruption there.

It's kind of kind of surprising and JD Power said that it is because these evs of course, are more they are more, they're newer, they're more complicated and lower technology, people bringing them into the repair shops because they have issues with certain things.

Um And then that the kind of the complexity of that is also an issue, you need only so few kinds of technicians that can deal with that.

So the EVs are kind of giving them more problems, but in particular Tesla, their, their initial quality score is sort of gone, gone down in, in a bad way and they surmise because changes to the to the new model Y in Mi three.

No, no, no, no uh turntable stocks, no wiper control.

It's all in the screen or, or it's on the, or it's on the, on the steering wheel.

So that's kind of causing some problems for people, they're complaining about that and they surmise that's why Tesla's score has gone down in the most recent uh rankings beyond Tesla.

Any of the brands get, get knocked around a bit.

Yeah, so we have uh you know, we look at the top, the top brand, believe it.

That was ra m uh that they have been a brand that's sort of been knocked around because of their trucks had some issues.

But this year doing really well here, uh some of the worst brands are, we're, we're Tesla, Rivian Pol Star.

Um Unfortunately for them, Dodge also pretty bad there as well amongst the luxury brands is Porsche.

Uh Lexus and Genesis were the top three luxury or premium brands uh in the rankings prize.

Thank you.

Appreciate it.