The United States has seen a slowdown in the growth of electric vehicle (EV) sales compared to previous years. While the overall market share of EVs in the U.S. has increased to 14%, the growth rate is lower than expected. Several factors have contributed to this situation.
The global supply chain disruptions and chip shortages have affected the production of EVs, leading to longer waiting times and reduced inventory. This has made it challenging for consumers to purchase new electric vehicles and has dampened sales.
And the price of EVs remains a barrier for many potential buyers. Despite government incentives and tax credits, the upfront cost of electric vehicles is still higher than that of traditional internal combustion engine vehicles. This has limited the adoption of EVs to a smaller segment of the population.
Lastly, the charging infrastructure in the U.S. has not expanded as rapidly as needed to support the growing number of EVs on the road. THANKS JOE BIDEN AND MAYOR PETE! Also, range anxiety and the lack of convenient charging options have deterred some consumers from making the switch to electric vehicles.
And of course the most obvious. Most SUCK compared to Tesla's offerings.
The EV market in the U.S. in 2024 is experiencing slower growth due to various challenges and it COULD spell the END of the legacy EV in the USA. Dealers tell us they're UNSELLABLE. And NO ONE is factory ordering. Most are in a hold pattern to see what comes next. The leftover potential buyers are all going Tesla to be safe.
But we told you so while every other major auto media site HID it from all of us. Because they're no longer journalists after the truth and here to help the average consumer. They're only political activists with heavy Soros agendas.