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EV-Swapping Classic Cars Doesn't Really Make Sense

An electric conversion on a 1957 Morgan 4/4 by Electrogenic is displayed at the British Motor Show at Farnborough International, Exhibition and Conference Centre on August 19, 2021 in Farnborough, England.
An electric conversion on a 1957 Morgan 4/4 by Electrogenic is displayed at the British Motor Show at Farnborough International, Exhibition and Conference Centre on August 19, 2021 in Farnborough, England.

The electric era is coming, whether we all like it or not. It’s an exciting time — new propulsion methods, new forms of tuning and modifying, a whole new world of power adders to consider. But if you’re thinking about updating your classic car to the 21st century, you might want to hold off for a few more years.

The folks over at Hot Rod EV-swapped a ‘57 Chevy (because Hot Rod), and found that the process only made sense on a magazine budget. The estimated all-in cost of the build — even excluding labor — was “well north of $50,000,” according to writer Steven Rupp. On a shadetree budget, the financials simply don’t work out.

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