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Why are EVs piling up at dealerships?

by The 100 Companies

Up until recently, EV buyers had to wait months for new inventory to arrive. Now, it’s the other way around. What happened?

Sure, supply finally catching up is a factor – but the main culprit is a sudden dropoff in buyers. EV adoption by state seems to hit a wall at around 8%, which tells us that early adopters have already bought their EVs – and everyone else has cold feet.

As much as I’m cheering for EVs, I can understand the hesitation. After all, charging is still a challenge and hybrid cars are SO good now that they’re hard to ignore.

– Chris ButschThe Arizona 100

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