Douglas Andrews: The Great EV Glut | The Patriot Post
Try as he might, Joe Biden can't sell the American people on electric vehicles.
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Try as he might, Joe Biden can't sell the American people on electric vehicles.
If you are selling electric vehicles and your name isn’t Tesla, good luck getting your car off the lot. Unsold EVs are stacking up in dealerships, even once hot-selling cars like the Mustang EV...
There is a glut in the recovering market.
Unsold electric cars are piling up on dealer lots as the auto industry cranks out more electric vehicles (EVs) than there are buyers in an attempt to compete with Tesla. Luxury brands in particular are struggling with high inventories of EVs that no one wants to buy.
The U.S. auto industry is cranking out more electric vehicles. There's one big problem: they're not selling as expected.