After investing billions into a green energy agenda mimicking President Joe Biden’s federal rules, American automakers are quickly learning that Americans are not buying electric vehicles at the rates they expected.details how the latest data reveals that while the Biden administration is pushing hard for automakers to turn out EVs, car companies are unable to sell the models.
At Mercedes-Benz, EVs are so hard to sell that the automaker is having to effectively put them on clearance at enormously discounted prices to get them off dealership lots,Mercedes-Benz — which is having to discount its EVs by several thousand dollars just to get them in customers’ hands“This is a pretty brutal space,” CFO Harald Wilhelm said
The average EV, in October, cost nearly $60,000 without the Biden tax credits — more than $10,000 above the average industry price, according to figures published in theIn addition to high prices, EVs have enjoyed a stream of bad public perception for some time between the long hours of charging the vehicles, the lack of charging stations across the United States, and the fact that the biggest proponents of green energy policies continue to drive gas-powered cars themselves.
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