Why $4 gasoline is the tipping point for EVs

jerlam

Many EVs are selling for well below their MSRP right now, following the end of the EV subsidy last year, as companies try to get clear inventory. Some are around the same price as their gas equivalents. Hyundai is selling their EVs for 10K off MSRP, which were already reduced by 8K for 2026. An new Ioniq 5 that listed at $48K last year is selling for $30K. Chevy is adding 8-10K of customer cash on their Equinox EV. Toyota is taking 5K off their just-refreshed BZ.

quantified

EVs are still tilted to the socio-economic class that needs them less. Though they'll take them, they feel discomfort just like everyone else. If you don't own the right kind of house, or live in the right kind of commercally-run rental, your charging options suck. Generally, that living situation means you have less money, and care about fuel prices relatively more. Give us the high-mileage EVs that China is now starting to make, for the price that China can make them at, and we'll be able to adopt across the board. I fail to see why Chinese imports threatening American products is so much of a concern to anyone in the US, considering they sent all the rest of manufacturing to China to be done inexpensively over the last 30 years.

tim-tday

Turns out Trump was secretly pro EV the whole time.