New Electric Cars Piling Up on Dealer Lots in 2024 – Here is the Truth!

What's killing EV industry. 1. exclusion of tax rebate for foreign made EVs. 2. price gouging by dealerships. +$5k~15k "dealer adjustment" on top of MSRP??? 3. lack of infrastructure to handle EVs 4. lack of $25k~35k price range EV for normal people

Really miss the cars market 10 years ago!

What were they expecting.The working man can’t afford an electric vehicle,the cost of replacement tyres and the high cost of insurance

It's not just these things mentioned here. People tend to forget that everything is way more expensive than it was a few years ago. Cars in general have become a luxury. A few years it was fairly simple for me to trade in my current car and get a new one, now it's borderline mission impossible in terms how much I'd have to add up. It's just not worth it any more.

I live in an apartment block, we have parking spaces but we can’t afford to install EV charging points. The nearest public charging points are a 2 miles away and only has 3 chargers. EV ownership would not be practical for me.

would you buy a second-hand EV with an older battery? not me

aren't these the same dealers that were having their way with you on car pricing and markups a couple years back ...?

Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

This was a funny video. 60-130k vehicles sitting on lots imagine that. Hyundai and Kia are rolling out sub 30k vehicles, with better range and more features and wonder why a 50-60k car sits on the lot.

Those car manufacturers should focus more on hybrid vehcle to improve and make it more practical and affordable

Do you remember when buying a car was likely to give you something that you could drive on any day in any weather and any distance without getting stuck in no mans land charging in a dodgy place having to hang around for 2 hours where you really don't want to be for your own safety? Where you could carry whatever you needed to and that you were not thinking about not being able to turn on the heater or the AC as you then won't get home? So sick and they are still allowed to advertise them! And that doesn't bring into question the distracting screens without any proper controls or the green issues where it is anything but green. Why do we put up with this sort of crap?

You can smell the desperation for dealers to shift EV's - 0% offers, large deposit contriubtions, and trade in deals. They never used to do this, but now it's commonplace. The problem is, it's everything about an EV that's puts most buyers off - they just have no interest in something that's going to make their life harder and more stressfull. When governments get involved in making decisions like this, you can bet it will go badly wrong. If EV's were competing fairly in an open market without subsidies, they'd fall flat on their face.

If only those same manufacturers were building the models that actually sell, we wouldn't be waiting 9 months for our new cars.

Things to love about EVs: 1. Child battery labor 2. Range anxiety 3. Risk of garage fires 4. Paying 20k more than a comparable vehicle 5. Battery degredation 6. Poor resale value 7. Reduced performance in cold, highway 8. Higher repair costs 9. Awful charging network experiences in the weather without restrooms 10. Higher insurance rates 11. Replacing tires more frequently But hey theres a tax credit!

It's hard to compete with Teslas. Especially when only Tesla has decent charging infrastructure. The key thing for EVs - is the ability to charge overnight at home. This is what some people don't understand. EVs are good when these two conditions are met: you can charge them at home and you use them mostly for city commutes, and rarely for road trips

"Do you want to pay more for your car, and have greater inconvenience, restrictions?" - not exactly a catchy sales statement, but its a true statement, which is why EV's are not selling.

A couple of weeks ago when Chicago was experiencing very cold weather, many electric vehicles were not working.

I own a electrical company in Germany. We now got a notification that homes will be stalled at 4kw at certain times per day Thats the case if you have electrical heating or a wallbox. You wanna now why? Our grid is not stable enough to support the amount of energy that is about to be used, due to that the grid already has to be controlled. We are far from a ev only situation, and because our grid that’s impossible

The keyword is dealer; why pay more at a dealer if you can buy Tesla direct?

Hoover should make EVs, as they already have knowledge of making things that suck.