Unsold Electric Vehicles Piling Up. Genesis, the korean luxury brand, sold only 18 of its nearly $82,000 electrified g80 sedans in the 30 days leading up to june 29, and had 210 in stock. Sales aren't keeping up with.


Unsold Electric Vehicles Piling Up

Already, electric vehicles are stacking up on our lots, which is our best indicator of customer demand in the marketplace. Unsold electric cars are piling up on dealer lots as the auto industry cranks out more electric vehicles (evs) than there are buyers in an attempt to compete with.

Dan Neil Is Here To Address All.

A cox survey found that 51% of consumers are now considering either a new or used ev, up from 38% in 2021.

A Coalition Of Us Auto Dealers Last Month Wrote To President Joe Biden Asking That He “ Tap The Brakes ” On Ev Mandates Because The Cars Are “Stacking Up On.

The amount of ev inventory varies by automaker, but dealers say it’s a sign that the majority of u.s.

By Sean Tucker 07/06/2023 6:58Am.

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Tesla’s Rapid Expansion, Plus New Evs From Other Brands, Are Fueling The Interest — 33 New Models Are Arriving This Year, And More Than 50 New Or Updated Models Are Coming In 2024, Cox Estimates.

The number of unsold electric vehicles on u.s.

Dan Neil Is Here To Address All.

Unsold electric cars are piling up on dealer lots as the auto industry cranks out more electric vehicles (evs) than there are buyers in an attempt to compete with.

America’s Car Dealers Ended The Second Quarter With More Than.