The problem with EVs was once limited supply, but it has now become demand. In the U.S., EVs are sitting on dealer lots for far longer than their gas-powered counterparts and piling up as buyers mostly continue to overlook fully-electric cars, as Axios reports. Despite carmaker lineups filling out with new EV models …
Tesla is resorting to some old tricks to move cars as more competition joins the field, with a new global program to give prospective buyers an extra incentive to choose a Tesla through referrals from existing customers.
It’s becoming increasingly clear that the EV transition is a lot more fragile than automakers and policymakers are letting on. True, demand for electrified cars and trucks is generally up, but automakers, both legacy and new are struggling with selling electric vehicles profitably and overcoming the very real concerns…