The same white collar workers that can afford the price of a new EV and have a place to charge it, are doing WFH now; they were also the same people doing daily commutes and paying into public transit which made it cheaper for everyone.
The same white collar workers that can afford the price of a new EV and have a place to charge it, are doing WFH now; they were also the same people doing daily commutes and paying into public transit which made it cheaper for everyone.
There's alot more to life than commuting to and from work, and public transit needs to account for that.
(shameless plug for people to read Robert Caro's _The Power Broker_)
Higher interest rates for dealers and buyers, decreasing price market adjustments coupled with increasing interest rates on held inventory which aren't selling.
American Car Center went bust last week.
https://www.bloomberg.com/news/articles/2023-02-25/subprime-...
It will be harder to sell EV startup products in a down economy especially if lavish public fund (ie your tax money) subsidizations of purchase are removed.