Electric vehicle (EV) owners may face accelerated tire wear due to the substantial weight and torque of their vehicles. Goodyear (GT) Senior Vice President of Global Operations and Chief Technology Officer Chris Helsel joins Wealth! to shed light on how the company aims to combat this issue. Helsel emphasizes that when it comes to EV tires, the focus is on creating solutions that enhance range without "compromising wear." He acknowledges that EVs tend to experience higher tire wear compared to internal combustion engine (ICE) vehicles. As a result, EV tire innovation will concentrate on areas such as tread design, material selection, and tire shape. Beyond sustainability, Helsel explains that Goodyear has incorporated various factors into their tire designs to balance between consumer needs and affordability. These considerations include warranties, noise reduction, and overall performance trade-offs. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance