Well, at least in the near and mid-term. Long term, the superior tech will win out, but in the long term we're all dead anyway. Just too many factors working against EV adoption in US at the moment:

  • The incentives going away obviously, but also a lot of factory projects getting cancelled too.
  • Gas prices are super low and will likely stay this way for a while, combined with…
  • Rapidly increasing electricity prices, that will also stay this way for a while due to increasing demand and throttling of supply from renewables.
  • Openly hostile federal and in many cases state level political environment. Love having to pay $300 each year for the sin of driving EVs.

Even the mass market affordable vehicles, like Chevy Equinox EV are struggling at the moment and seeing deep discounts.

I was somewhat optimistic that things would stabilize after the initial dip, but I don't see it now. The deck is too stacked against EVs in "the land of the free".

by roma258