No One In The U.S. Really Wants To Buy Electric Vehicles
No One In The U.S. Really Wants To Buy Electric Vehicles
EVs from Toyota, Ford, Audi and Genesis are just sitting on dealer lots as supply outgrows demand.
The healthy supply of EVs may not seem as alarming considering that the industry average is a 70-day supply during “normal times,” per Axios, but ICE-equipped vehicles currently sit at a 54-day supply. And hybrids are having a particularly good year, with supply down to 44 days. Plug-in and traditional hybrids from Toyota are making the best of 2023, with current supply for the Prius and RAV4 sitting at under 30 days each. Axios claims that this reaffirms Toyota’s argument that car buyers need a “stepping stone” from ICE to EVs.
This is a major Hyperbole. I know a LOT of people who would buy an EV, problem is charging infrastructure sucks, and charging at home is hard/impossible for many (especially Renters)
And Jeep dealerships having lots full of Jeep Compasses for sale means nobody wants to buy SUVs too right? Or maybe that's now how this works.