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Dana Fried

@mym if you can afford a new car, then $30K isn't bad. We've bought two used PHEVs for well under $20K. And competition from China will be driving prices even lower in the next few years.

Cars are just expensive right now 🤷🏻‍♀️

But saying that EVs have failed when all but a couple of companies are now only selling larger, more expensive EVs is silly. They all bet wrong.

3 comments
Xandra Granade 🏳️‍⚧️

@tess @mym Seconding that, our 2017 PHEV was $36k at the highest trim level (cheaper ones were out of stock); that's obviously a lot, but I keep seeing F350s about, which tend to go for $70-80k *used*.

Kelsey Jordahl

@tess @mym EV sales haven't even slowed down! They just didn't grow as fast as predicted. Still a record sales year in the US in 2023:
coxautoinc.com/market-insights

Hypx

@kajord @tess @mym It is the result of dumping at a loss or near-loss. This is going to backfire since car companies cannot sustain this.

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