ICE or EV?

[morekaos]

They never really caught on. And without government welfare, there's not enough demand.

Electric vehicle sales are plummeting. Will they soon become too niche?​

Demand for electric vehicles in the U.S. has cratered since last September, when the $7,500 federal tax credit for EVs expired. The financial losses have forced automakers to write off billions of dollars in investment -- factories, battery technology and new models -- as consumers ignored higher-priced EVs for hybrids.

So what does that mean for consumers? Are electric vehicles now a niche form of transportation?

Wakefield argued there would have been "a long and steady growth" path for EVs if the current government had supported the industry, though he acknowledged that the market had been propped up by incentives and mandates.

"We're in a K economy and 65% of EV models are over $60,000," she said. "Consumers are still worried about the price. Not many models are affordable..."

Electric vehicle sales are plummeting. Will they soon become too niche?

Nearly 96% of electric vehicle owners say they would consider purchasing or leasing another one in the future, according to one study.

abcnews.com

 

[Liar Loan]

This is why Tesla's have not caught on.

How America’s Oil and Gas Dominance Has Weakened Iran​

Even at current prices, it’s still cheaper to fuel a gas-guzzler than to charge an electric vehicle. In any case, prices are lower than they were during most of the Biden presidency. Thank increased oil production in the U.S. and the rest of the Americas. While prices may rise further, they are unlikely to remain elevated for any significant duration.

https://www.wsj.com/opinion/how-americas-oil-and-gas-dominance-has-weakened-iran-022d8e84?st=ocNn3v