Posted on 09/10/2024 8:42:37 AM PDT by Red Badger
In yet another setback for the Biden-Harris regime’s push for electric vehicles, American consumers are showing a distinct lack of enthusiasm for purchasing new EVs. The latest Mobility Consumer Index (MCI) from consulting firm EY reveals a shocking drop in interest, with only 34% of US consumers planning to buy an electrified vehicle—down from 48% in 2023. This decline raises serious questions about the administration’s ability to force their “Electric Revolution” onto consumers.
Now, after seemingly rushing to promote electric vehicles as the future of transportation, the reality is hitting hard: fully electric vehicle interest has plummeted to a mere 11%, down from 22% just a year ago. What’s behind this sudden shift? Has the regime and their state-level proxies like California Governor Gavin Newsom failed to make their pitch?
“While we’ve seen substantial increases in interest and purchasing of EVs since 2020, this year’s MCI shows dips in demand for the first time,” – Steve Patton, EY Americas automotive leader.
Patton’s comments suggest that the administration’s narrative of a seamless transition to electric vehicles is crumbling. The supposed benefits of EVs are being overshadowed by the stark reality of their costs. A general manager from a Southern California dealership pointed out that while maintenance costs for EVs are allegedly lower, the initial expenses are “much higher” when it comes to body or structural repairs.
Interestingly, while J.D. Power’s recent survey indicated a drop in EV buying sentiment due to charging infrastructure concerns, EY’s findings show a slight improvement in that area. Only 24% of respondents now cite limited range as a top concern, down from 30% last year. Yet, the question remains: can the Biden-Harris administration truly claim success when the overall sentiment is still teetering on the edge of skepticism?
Another factor contributing to the decline in pure EV sales is the rising popularity of hybrids. EY’s survey found that 26% of US buyers prefer the flexibility of hybrid engines, compared to just 19% globally. This shift in consumer preference raises eyebrows about the administration’s singular focus on fully electric vehicles.
“For those who are looking to transition due to the environment, hybrids allow owners to lessen their reliance on fuel and creates options for batteries and parts. For many, it’s a win-win.” – Raman Ram, EY Americas aerospace, defense, and mobility leader.
The findings from EY’s report paint a damning picture for the future of EVs in America. The transition to electric vehicles is proving to be anything but smooth, and the administration’s failure to address consumer concerns could have dire consequences for mass EV adoption. As we look ahead, one must wonder: will the Biden-Harris administration pivot to embrace hybrids, or will they continue to push a one-size-fits-all approach that leaves consumers in the dust?
Experience is the best teacher.
Getting what you were told you needed to ask for, good and hard too.
After the green label is applied, and you have an endless positive and glowing reports of how awesome and great it will be, selling some “vision of the future,” reality settles in.
Expensive
Often low range
Temperature dependent
Limited life span batteries which are very expensive
Long recharge times
Limited charging stations and locations
Questionable environmental net benefit
Form (a feeling/image) vs. function.
Especially if the economy turns negative and people become more aware of the bottom line, this fad (everything in the US is a fad or trend), will end.
Another marxist-central-planning, social engineering failure.
The more it nosedives the more the politicians will enjoy mandating EVs
Big government pinkos pushed too hard too fast. There are many not so many virtue signalers out there. Yes, they are squeaky wheels that make a lot of noise, desperate to be heard, which is why they run for office. Once there, they have moose their will upon the rest of us.
No one wants your battery card at your increased expense and risk of burning down the vehicle and house.
But the clock is ticking on electric car mandates in California and some other states. Supposedly in California in 2035, sales of new internal combustion engine vehicles are to be banned.
Supposedly you can still buy a used car in 2035, but who knows if sales of used cars will be restricted too.
How about they stop making EV “Sports Cars” and just make a simple econobox?
Put a battery powered drivetrain in something basic like a 1985 Hilux or 1985 Ford Escort Wagon?
A Big Boy, limited use, road going Gold Cart?
Ford Probe EV’s are still a groovy idea.
Maybe even go whole hog and have an EV Kei Truck?
oh but wait:
“IT HAPPENED! Elon Musk’s $15,000 Motor Home FINALLY Hitting The Market!”
https://www.youtube.com/watch?v=osTZBEj_-qM
(no way is it gonna be $15,000- can’t even buy his tesla electric car for that price)
I got into my ICE vehicle and left.
Easy solution: make cost of owning an ICE car more expensive to match or exceed an EV. Bingo.
They'll mandate EV's, mandate the prices the manufacturers can charge for them, and mandate the price for the power. That will result in shortages or severe quality problems.
The used ICE market will thrive, though.
This is an Easy Fix:
Mandate Every Public Employee in America be required to exsclusively use an EV or Mass Public Transit for ALL Transportation or be Terminated and All Pension and Retirement Benefits are rescinded.
Watch how fast they fix the problems
Easy solution: make cost of owning an ICE car more expensive to match or exceed an EV. Bingo.
Increase Auto Insurance Rates, Gasoline Taxes, etc. they have Six Ways to Sunday.
Hybrids aren’t good either, that’s just a different lie. You still have oil maintenance routine, and the battery will need replacement and is still around $5000 last I knew, which is not a repair the average household can absorb.
Never was interested in electric cars.
Doubt I ever will be interested.
I say that as an EV owner who likes the EV for doing most of our driving (we also have a gas pickup). But we're in a good situation for an EV being one of our two cars (in the south where there's little winter cold, charge at home, drive lots of miles for the gas savings and oil change savings to be significant, most of our trips are along routes with good charging options, and we have the gas pickup for the times an EV isn't good for a trip). Most people aren't in a situation like ours in which an EV is good as one of the two cars.
EVs make sense for local fleet vehicles, like delivery trucks and airport taxis..................
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