[econjack]

Nationwide, the inventory of unsold EVs had grown by nearly 350% over the first half of 2024, creating “a 92-day supply — roughly three months’ worth of EVs, and nearly twice the industry average,” says Axios

As an economist, it's kinda fun to watch the market at work telling producers "we don't want these things". Still, the gov't is trying to create incentives to counter the market. Consider the government's $7.5 billion bill, passed in 2021, to build 182,000 charging stations.

A govt-sponsored charging is coming to your area...you just may have to wait a while. So far, with typical gov't efficiency, they have built 8 charging stations in the last 3 years.

[minnesota_bound]

#31 the gov’t when they build the 3 million homes low income homes will include the electric car fast charger and will also include high speed internet too....