Sounds like the consumer tech version of "$70k EVs aren't selling anymore!"
Misinformation. The good EVs are selling quite well. It's just that their price has effectively dropped quite a lot. My wife's Model Y which cost us nearly $80k (we bought at peak price: the prior Corolla got totalled) now has the equivalent 2024 model selling for $42k!
The crappy EVs (ie most everyone else's) aren't selling, because they are inferior in efficiency and software implementation. Rivian and Lucid vehicles are pretty good, but those companies are still at risk of never showing a profit. I've been in a Hyundai Ionic 5, and that seemed decent too.
Misinformation. The good EVs are selling quite well. It's just that their price has effectively dropped quite a lot. My wife's Model Y which cost us nearly $80k (we bought at peak price: the prior Corolla got totalled) now has the equivalent 2024 model selling for $42k!
The crappy EVs (ie most everyone else's) aren't selling, because they are inferior in efficiency and software implementation. Rivian and Lucid vehicles are pretty good, but those companies are still at risk of never showing a profit. I've been in a Hyundai Ionic 5, and that seemed decent too.