Unsold electric vehicles are piling up – people like the idea but are not buying them::The U.S. supply of unsold EVs on dealer lots has swelled 350 per cent so far this year
Holy shit that website is cancer
Indeed, I can’t even read the full article
Over here, they tend to be much more expensive than ICE cars. They wouldn’t do well on the used market either due to battery issues that would have developed by that point…
For adoption, the upfront price has to come down.
I can’t read the article, but experience says if you’re sitting on that much inventory, you’re overcharging for your product. My guess. Hell I have no idea where that is.
Something something supply and demand.
Downvoted because that website is absolute ad-ridden dog shit.
Wow, you’re right. Let me remove this one, thanks
As everybody seems to be struggling with the article: https://archive.ph/Y3rym
Globe is a rag anyway. Whatever the article is about it’s either wrong, or just bullshit. …IMO
Gus Carlson is a rich old white guy who works C-level positions with other rich old white guy companies in Downtown Capitalism. He has a clear anti-ESG agenda if you look at his “journalism” history - this kind of FUD article is just part of his agenda to continue fucking the planet for more profit for his rich old white guy club.
This is peak rich boomer bullshit - disparage and attack every attempt at improving technology and the world on the way to the grave.
They are very expensive and not everyone has a garage where they can charge them. I can only park on the street so I would have to go to a charging point and sit in my car for the whole time it charges. Not as convenient as pumping petrol into my car for 2 minutes.
Not only that, but people are realizing that the battery’s don’t last forever. What happens when those batteries start to wear and you need to replace them and have to spend another $5k - $10k. For a car you already paid $40k for? Also, where are the used batteries going? Used EV’s are a huge gamble and a risky proposition. In the end, it’s just more toxic waste to deal with
Not to mention the cost of charging. A hybrid charged here for a month, my power bill was $800 this month because of it, quadrupling what it was at the same period last year. Gas right now averages $3.676 per gallon in the US, and we’ll assume a 12 gallon tank, so a single fill from dead empty costs $44.11 which is plenty enough money to part with. But that makes the cost of the extra used electricity the equivalent of like 14 full tanks of gas, and I promise those charges did not move the vehicle anywhere close to the number of miles 14 tanks of fuel would. Probably not even the equivalent of one tank.
I like the idea of electric cars, but fuck everything about that. I won’t even allow charging at my place anymore, for anyone.
Something else seems off here. Plugin hybrids generally have a battery capacity of around 15 kWh giving you about 30 miles of all battery range. Average electricity prices are about $0.15 a kWh It should cost about $2.25 to charge your battery effectively giving you your first tank of gas 40% off.
To reach $600 of charging you would have charged that battery roughly 265 times and driven 8000 miles just on the battery which is quiet a feat given the 30 miles of just battery range that most PHEVs have. Higher electricity costs obviously change this but you’d have to have outrageous prices and driving habits to hit $600 of charging especially on a PHEV.
No new appliances, everything is in working order, nothing running more than usual.
You may still be right if charging the EV made an existing problem more obvious which is entirely possible. I have no idea what such a problem could be though.
I can’t read the article but I think they’re making a bit of a mountain out of a molehill.
BEVs were nigh impossible to purchase a year ago. Tesla’s MSRPs were ~$10k higher than they are today, not even accounting for the tax credit. Other manufacturers were seeing dealer markups of $10k+ on a new BEV. Demand for BEVs went through the roof as (1) supply chain effects meant the price difference between ICE and BEV went down, and (2) Russia’s invasion of Ukraine sent gas prices way up. A 350% jump over last year doesn’t mean much in that light — what inventory even existed on dealer lots last year?
Both of those factors have faded. EVs are still selling well, but manufacturers are going to need to find more ways to lower prices in order to stay competitive and to keep demand up.
Here comes the FUD again.
I own my condo and don’t have any place to charge it so it doesn’t seem worth it. I can’t run a plug outside of my unit across the parking lot
I want to buy one. Since Musk outed himself as a complete nutcase, and Tesla’s quality control either got worse or more people realised it was always bad, I can’t find one I like that doesn’t cost the earth.
Most people don’t buy new cars because they are too expensive
They’re expensive and depreciate quickly, so the budget minded buyer doesn’t want one.
They take much longer to recharge than a ice car takes to refuel, so anyone who likes road trips (or even just day trips) doesn’t want one.
They lose a lot of range when towing, so those who want to tow don’t want one.
They suck to drive, so enthusiats don’t want them.
They’re filled with tech, so non-technical people don’t them.
They’re often hard to repair, so many technical people don’t want them.
Basically just leaves the gadget guys.
Most of your points are valid, except this one:
They suck to drive, so enthusiats don’t want them.
Want to know how I know you’ve never driven an EV? You’re just 100% wrong here.
Ive been researching and preparing to buy an EV for a while, so I’ve driven a few, and every single one absolutely blew ICE cars away in terms of acceleration, power, control, and raw speed. I’m not exaggerating in the slightest when I say that I nearly blacked out from the acceleration when a Ford sales guy floored an F150 lightning from a dead stop to show me how powerful it was. Clearly a career as a fighter pilot is out for me.
Tesla, Kia, Hyundai… every one has had incredible acceleration with zero transmission hesitation - because they don’t have one. It’s just raw torque from the top of the pedal to the bottom.
Im not talking numbers, Im talking about the feel. And I have, a Tesla Model S. Thing got off the line, but somehow it made it mundane. No excitement, no noise, no changing gears, no finding the power band. Just “you’re at 75 mph now”
And going through the corners feels awful, which I guess isn’t inherent to EVs, but I feel the need to mention it.
