and it is significantly hindering adoption rates. For ERVs, batteries appear to be the primary financial hurdle, which clarifies why so few companies have products available in the market. Nonetheless, various manufacturers are working on prototypes.
ERVs will become increasingly available as more manufacturers join the industry, and upcoming advancements will assist in reducing costs. Further advancements in battery technology will also address other challenges faced by these vehicles, such as limited range and difficulties with charging in remote locations. However, until there are changes regarding the high expenses and technological limitations of these vehicles, they are expected to remain a niche market appealing to the extremely dedicated.
