Quote:
Originally Posted by Car-Addicted
Not sure I'm with you here. Currently the Free market is exceeded by Government and Banking interference.
GM Say EV Demand Is Shrinking, but Data Shows a Complex Market
Oct 20, 2023
Idled plants and pushed-back production timelines signal a lull in EV sales, but analysts say demand is just one piece of the puzzle.
If EV sales are seemingly on the rise, it begs the question of what is truly behind GM's decision to take a step back from Silverado EV production. Karl Brauer, iSeeCars' executive analyst, sees the move as potentially prudent in the long run, in spite of positive sales trends for individual vehicles and specific statewide trends.
"There seems to be a threshold of around 7%-10% share before EV sales drastically slow down. That's the situation in California, Oregon, and Washington, where those states have the largest EV share but also the slowest growth in EV share," Brauer explained.
https://www.autoweek.com/news/a45586...rends-gm-ford/ |
Key takeaway from that article:
"There's this widespread assumption that costs will come down, energy density will go up, and the infrastructure will come together. It paints a great picture, but having an industry move full-speed ahead under those assumptions is extremely risky. And everyone from the automakers to the government regulators knows it, even if they won't publicly admit it," Brauer said.
This is exactly the issue. But no one stands up to CARB and the politicians they have brainwashed to believe in anthropogenic globalwarmingclimatechange. Eventually the consumer will.