US policymakers are rolling out big incentives for electric vehicle buyers who surrender a gas-powered model, advancing efforts to cancel carbon emissions.
EV sales have hit a pretty big slump in the US from what I’ve seen. The market has slowed for them.
I think the novelty has worn off, they’ve captured the market that wants to be early adopters, and it’s largely untenable for the vast majority of the geographical US as an only car solution.
Battery tech needs to continue to advance to make charging, range, and long term battery health for the rest of the market to feel comfortable solely relying on them and “investing” in them as a large purchase for a (rapidly) depreciating asset.
The political discussion surrounding EVs is one thing, the other is a significant portion of the market just doesn’t want to buy them.
EV sales have hit a pretty big slump in the US from what I’ve seen. The market has slowed for them.
I think the novelty has worn off, they’ve captured the market that wants to be early adopters, and it’s largely untenable for the vast majority of the geographical US as an only car solution.
Battery tech needs to continue to advance to make charging, range, and long term battery health for the rest of the market to feel comfortable solely relying on them and “investing” in them as a large purchase for a (rapidly) depreciating asset.
The political discussion surrounding EVs is one thing, the other is a significant portion of the market just doesn’t want to buy them.