this post was submitted on 03 Nov 2023
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Auto industry executives admin electric vehicle plans are in jeopardy (www.businessinsider.com)
submitted 10 months ago by haxor@derp.foo to c/hackernews@derp.foo
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[–] Sarmyth@lemmy.world 2 points 10 months ago* (last edited 10 months ago)

I remember this being explained as a bad buyer problem. Dealerships keep ordering full trim models and have trouble selling them but aren't stocking entry-level models that everyone has advertised to them.

When no one buys the model 15k more than they budgeted for in a bad economy, the dealerships throw their hands up and say no one is interested in EVs.