While the US and the EU look at different ways to add tariffs to China-made electric vehicles to prevent supply disruption, the reality is that overall demand for EVs appears as though it is starting to peak.
Such was the topic of a new FT report that looked into why Americans aren’t buying more electric vehicles.
“It’s just not accessible to us at this point in our life,” one couple told FT, who said they were looking for a more affordable vehicle. They went with a $19,000 Honda Accord after a trade-in, since only five new EV models under $40,000 have hit the market in 2024, the report says. […]
— Read More: www.zerohedge.com
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