Good read from Business insider on the softness in EV business in 2024, what is not working, and how government incentives played out in Norway.
- Large cars: Automakers argued that this was proof that people wanted only big cars, so they cut small models and made existing vehicles bigger, which made people with smaller cars feel less safe — you get the picture.
- Range anxiety: Since Americans have been promised a one-to-one substitute for their gas cars, this seems like a failure; an EV should be able to do everything a gas car can.
- Lessons from Norway on incentives: People in Norway own more cars than they have in the past, in part because EV incentives encourage people to buy more cars, and the government has no plans to reduce how much people are driving.