While Tesla Inc. and BYD Co., a Chinese conglomerate, have strong growth numbers, the rest in the industry, which has been incentivized to build, build, build by government mandate, can't sell their EVs.
Axios is blaming the high price of EVs for the lack of sales, but that doesn't explain why Tesla and BYD continue to sell electric cars.
EVs are rolling megaphones for the upper-middle class and upper-class white Democrats and progressives who want to scream "Look at me, I'm saving the planet." We've seen no research on the matter, but we'd bet that there's an enormous crossover between homes with EVs in the garage and "In This House We Believe" signs in the yard.
As an EV owner himself he gets the virtue signaling exactly right.
Some like the feel of EVs over that of conventional cars.
If that's not the case, then there's a lot of ignorance out there, because as guardians of the green, EVs are a failure.
Climate EVs dirty EVs electric vehicle virtue signaling EV sales EVs Featured global warming.
https://issuesinsights.com/2023/07/14/have-we-reached-peak-virtue-signaling-with-evs/
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