State of EVs in Fall 2023?

UP8
2023-10-24T01:13:32Z

My RSS reader has turned up a lot of pessimistic articles about the state of EVs in the last few days, for example:

https://www.thedrive.com/news/gm-is-stalling-ev-production-because-demand-is-falling-off

https://www.thedrive.com/news/gm-delays-expanded-silverado-ev-production-orion-assembly-by-year

https://www.thedrive.com/news/mercedes-dealers-struggling-to-sell-evs-complain-eqs-isnt-aspirational-enough

https://techcrunch.com/2023/10/17/gm-delays-4b-ev-truck-factory-plan-by-another-year/

https://techxplore.com/news/2023-10-vietnam-vinfast-struggles-electric-cars.html

https://english.elpais.com/economy-and-business/2023-10-18/europe-is-looking-to-fight-the-flood-of-chinese-electric-vehicles-but-europeans-love-them.html

Caught this YouTube video also:

https://www.youtube.com/watch?v=cZlsZwcIgpc

Because of the car industry's obsession with XXL vehicles, Australia is thinking about increasing the size of the standard parking space

https://www.theguardian.com/australia-news/2023/oct/15/australia-may-increase-standard-car-parking-spaces-as-huge-vehicles-dominate-the-streets

meanwhile, given a choice, consumers are snapping up the reasonably sized and highly efficient (40mpg!) Ford Maverick

https://www.thedrive.com/news/the-ford-maverick-is-outselling-every-midsize-truck-but-the-toyota-tacoma

maybe those American consumers might desire a bigger truck but they can afford that one.

When I read between the lines I'm inclined to think that there isn't any shortage of interest in EVs, but there is a shortage of interest in $80,000 EVs because very few people can afford them. What are you seeing in your neck of the woods? What intervention can you imagine that would help get the industry come to its senses?

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