The average cost of an EV is around $55k. We're in an "unspoken" recession, a bad time for car sales of any make or model. Without the tax subsidies, nobody is looking twice at a $50k EV that also costs double in insurance premiums compared to a real car. Big Auto saw it coming months ago, which is why they've slashed their EV projects, workforce and their production to instead invest in development of next-gen V8s.
Unless Trump transitions into a woman or Vance steals the throne sooner, EVs are dead for the next decade.
Car Repos Hit Levels Unseen Since 2008 Financial Crisis
The average cost of an EV is around $55k. We're in an "unspoken" recession, a bad time for car sales of any make or model. Without the tax subsidies, nobody is looking twice at a $50k EV that also costs double in insurance premiums compared to a real car. Big Auto saw it coming months ago, which is why they've slashed their EV projects, workforce and their production to instead invest in development of next-gen V8s.
Unless Trump transitions into a woman or Vance steals the throne sooner, EVs are dead for the next decade.