This is the third maker pulling back on EV investment this week. Last was Honda/GM.
They keep making high market EVs with MSRPs between 40-90k. Even for the more affordable models, pricing has turned into a market where you pay the manufacturers 10-15k over the market value for an equivalent gas version in advance for the fuel costs + a premium as the makers milk the living shit out of early adopters. Also add about $20-30 to charge an EV in my market.
Not only is the market is speaking. But they’re likely thinking EVs are disposable appliance vehicles that tank in value quickly. And those without home charging are a 100% no.
Add the overall shit car market right now with shortages, low inventory, long waits, high rates, EVs are a hard sell.
Not sure what the solution is, but if my state at least is going keep to the 2035 plan a lot of things need to change on the EV front.
This is the third maker pulling back on EV investment this week. Last was Honda/GM.
They keep making high market EVs with MSRPs between 40-90k. Even for the more affordable models, pricing has turned into a market where you pay the manufacturers 10-15k over the market value for an equivalent gas version in advance for the fuel costs + a premium as the makers milk the living shit out of early adopters. Also add about $20-30 to charge an EV in my market.
Not only is the market is speaking. But they’re likely thinking EVs are disposable appliance vehicles that tank in value quickly. And those without home charging are a 100% no.
Add the overall shit car market right now with shortages, low inventory, long waits, high rates, EVs are a hard sell.
Not sure what the solution is, but if my state at least is going keep to the 2035 plan a lot of things need to change on the EV front.