this post was submitted on 28 Nov 2023
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Car dealers say they can’t sell EVs, tell Biden to slow their rollout (arstechnica.com)
submitted 11 months ago by [email protected] to c/[email protected]
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[–] [email protected] 19 points 11 months ago

EV inventory is still moving fine. Tesla is sitting on a 16 day inventory while most legacy automakers are minimum a month… on ICE vehicles. Legacy auto isn’t producing enough EVs for them to stack up. They are losing boat loads of money per EV they make and will continue doing so until they hit scale from mass production… which won’t be anytime soon since they are all pulling back on production.