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- cross-posted to:
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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.
Its GM, Ford, Rivian, Lucid.
Tesla only managed to get close to their targets by dropping prices dramatically.
Rivian and Lucid are exclusively luxury brands. Not shocked that they’re having a hard time pushing cars over 100k CAD. I don’t think they’re atracting the same media attention either.