President Biden should listen to the auto dealers. Americans aren't buying his EV dreams.
Center Square (1/22/24) reports: "Nearly 4,500 dealerships representing all major auto manufacturing brands from every state recently signed a letter to President Joe Biden asking him to “tap the brakes” on his proposed electric vehicle mandate based on a lack of consumer demand. Since the letter was sent in November 2023, dealerships continue to add their names to the list – including 85 from Pennsylvania. The Biden administration set a target for battery electric vehicles, also known as BEVs or EVs, to account for half of all new vehicle sales by 2030 – some states have taken steps to ban internal combustion engine vehicles altogether by 2035. The letter says while admirable, the goal becoming a reality requires consumer acceptance. In addition to what customers are telling them, dealers say the best indicator of demand are the EVs 'stacking up on our lots.' Enthusiasm for EVs has stalled, the dealers say, 'even with deep price cuts, manufacturer incentives, and generous government incentives.' The letter goes on to say they are thrilled to sell them. However, the majority of their customers are not ready to make the change, citing concerns over affordability, charging access and range...They add that reliable charging networks, electric grid stability, sourcing of materials and other issues need time to resolve – and finally, many people simply want to choose which vehicle is right for them."
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