How EVs became such a massive disappointment | CNN Business
www.cnn.com
Tesla’s slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids.

No, electric vehicle sales aren’t dropping. Here’s what’s really going on::Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, arguably a step back from EVs.

  • abhibeckert@lemmy.worldEnglish
    0·
    8 months ago

    Norway has a range of subsidies worth up to half the price of the vehicle and home upgrades plus tax exemptions worth another 25% on top of that.

    Which can mean a brand new EV is the same price as an old secondhand ICE.

    Incentives like that are a lot easier your entire national population is smaller than some cities.

    • Justin@lemmy.jlh.nameEnglish
      0·
      8 months ago

      The reason why Europe can pull off progressive reforms has nothing to do with population or geography, Europe is bigger than the US on both fronts. It has to do with political will.