Yep more competition in the space is absolutely good, but is also starting to highlight some of the shitty practices by dealers. Lots of Ford dealers putting markups on Mach-E’s and Lightnings, then Ford is struggling to sell their EVs… doesn’t take a genius to figure that one out.
It’s hard, a lot of the studies and stats around EVs not selling well and piling up on dealer lots is because Tesla continues to eat everyone’s lunch. They don’t have dealer lots so they’re conveniently not included when articles state that EV inventory is ridiculously high, and as long as they remain a significantly better value than anything the OEMs are putting out things will remain that way (slow EV growth by legacies, piling up on lots).
EVs piling up on dealer lots is technically correct but conveniently misleading. Tesla, who still sells roughly 50% of EVs in the US, and who have the most compelling value in the EV space due to their pricing, range, and charging infrastructure, doesn’t have dealerships. There is still plenty of EV demand, just not for shitty EVs and especially shitty EVs that dealerships put markups on.
I won’t argue the merit of hybrids with you (they are great), but the “EVs piling up on dealer lots = no demand” trope is logically incorrect.