[T.B. Yoits]

From the article: "Everyone who wanted an EV has one now"

Couple that with the damning reports EV ownership is so bad that 50% of EV owners switch back to an ICE vehicle.

https://www.repairerdrivennews.com/2023/10/19/nearly-half-of-ev-households-reverted-to-ice-vehicle-for-next-purchase-study-shows/

[catnipman]

““Pricing, infrastructure, and range were the top three reasons consumers listed for not purchasing an EV,” S&P Global Mobility said. “For some consumers, having a traditional ICE or hybrid vehicle is a way to hedge against some of these obstacles.””

an even cheaper hedging method is to avoid purchasing an EV in the first place ... THAT strategy hedges 100% AND has ZERO cost!