No, electric vehicle sales aren’t dropping. Here’s what’s really going on

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Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, arguably a step back from EVs.

Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, possibly taking a step back from GM’s earlier commitment to shifting straight to pure EVs. And now the EPA is considering slowing down requirements for automakers to sell more electric vehicles, dialing back what had been aggressive plans to move away from gas powered cars and SUVs.

Besides raw numbers, the EV chargers that are currently available tend to rate low with consumers in terms of reliability, according to J.D.. Power surveys. The two issues of vehicle price and public charging are related, Jominy said. People who can afford to buy luxury-priced vehicles are also more likely to have a home in the suburbs with a garage where they can charge their car overnight.

Source: Energy Industry News (energyindustrynews.net)

 

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