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Technology @lemmy.world

Lee Duna @lemmy.nz

1y ago

Auto execs are coming clean: EVs aren't working

www.businessinsider.com Auto execs are coming clean: EVs aren't working

From GM to Tesla to Mercedes, execs across the auto industry are tempering expectations on electric vehicles.

Auto execs are coming clean: EVs aren't working

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157 comments

Most people aren't buying $40k+ cars? Weird.
- Sadly, they are. The median new car price in the US last year was $46k.
  
  Sad? Seems like people had more money then they needed and were buying cars 2x as expensive as they needed.
  
  You would think, but the sad part it’s people over-extending themselves more for something they really can’t afford

157 comments