[DEOGAM column]Cheaper to Buy, Pricier to Charge: The New EV Dilemma

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🔋 Cheaper EVs, But Harder to Charge
– The paradox of affordable EVs, through EnerShift’s lens

EV markets expanded aggressively on the back of generous subsidies.
 But as those incentives are being scaled back—due to market maturity and fiscal pressure—we are now facing a classic chasm:

⚠️ Electric vehicles are still expensive to buy, and now harder to justify.

To stay on course with electrification, global automakers have pivoted.

The solution?
 LFP (Lithium Iron Phosphate) batteries: cheaper,
cobalt- and nickel-free, and optimized for cost—not performance.

Korea is no exception to this trend.

🌐 But on the user side, the burden is growing
In March 2025, Korea’s major private EV charging operators raised rates by 11–15%.

Here’s what it means for a typical Model 3 owner (60kWh battery, full charge):

- DC Fast Charging: $17.77->$19.85 = '+11.7%'
- AC Slow (Public): $13.29 ->$14.77 = '+11.1%'
- Apartment Chargers: $11.77->$13.62 = '+15.7%'

📌 The EV got cheaper.
⚡️ But it costs more to use, and more often.

⚠️ The technical truth behind LFP-based EVs:
- Lower energy density → Heavier vehicles
- Slower charging → Longer downtime
- Reduced range, especially in winter

It’s a simple equation:

Cheaper car → More frequent charging → Higher cost of ownership

🧩 EnerShift’s position is clear:
“In a market chasing affordability,

what matters is not how cheap you build—

but how efficiently you run.”

👉 Next week:
 How does EnerShift tackle this head-on?

We’ll explain our approach to increasing efficiency without touching
the vehicle’s core structure.

#EVEfficiency #EnerShift #LFPBattery #AffordableEV #EVParadox #SustainableEV #Deogam

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