EV Fail: Car Dealers Turning Away From Electric Vehicles After Learning Harsh Economics Lesson. No one’s buying this green panacea. It’s not free or cheap like people were led to believe, and it’s a pain in the ass.
Car dealerships are telling auto manufacturing companies that they have more than enough electric vehicles in stock and don’t want more on their lots until the current inventory sells.
“We have turned away EV inventory,” Kunes said. “We need to ensure that we have a good turn on it.”
Fiorani explained that EV’s offer a significantly different “ownership experience,” because of the typically lower range a vehicle gets from a single charge and unavailability of charging locations relative to gas stations.
“It’s hard for the average customer to make that leap while spending an extra $10,000,” he said.
