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Tesla’s slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids.

No, electric vehicle sales aren’t dropping. Here’s what’s really going on::Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, arguably a step back from EVs.

  • abhibeckert@lemmy.worldEnglish
    358·
    7 months ago

    Norway has a range of subsidies worth up to half the price of the vehicle and home upgrades plus tax exemptions worth another 25% on top of that.

    Which can mean a brand new EV is the same price as an old secondhand ICE.

    Incentives like that are a lot easier your entire national population is smaller than some cities.

    • Justin@lemmy.jlh.nameEnglish
      372·
      7 months ago

      The reason why Europe can pull off progressive reforms has nothing to do with population or geography, Europe is bigger than the US on both fronts. It has to do with political will.

    • espentan@lemmy.worldEnglish
      172·
      7 months ago

      I only meant to say that many of the things that might put people off buying electric cars, like range concerns etc. can be alleviated.

      Even with subsidies and incentives it was slow going in the beginning, before people gained trust in the infrastructure and realized electric could be a real and practical alternative.

      I didn’t mean to be an asshole, sorry.

    • Fisch@lemmy.mlEnglish
      3·
      7 months ago

      How does a smaller population make it easier to pay those incentives? Less people also means less tax income and vice versa