Media Watch - NVX related, page-13089

Not sure if you subscribe to Bloomberg but if you do, this is an interesting article. It's long.
https://www.bloomberg.com/news/articles/2024-01-04/high-ev-prices-charging-worries-push-us-car-buyers-to-hybrids?sref=Vidv4Q0k

A couple of snippets

A year ago, EVs had the auto world abuzz, and it seemed like an all-electric future was just around the corner. But today’s car buyers are having second thoughts about them, short-circuiting sales growth and causing plug-in models to pile up on dealer lots. Automakers, who are pouring more than $100 billion into developing EVs this decade, are now slashing prices, production and profit forecasts for the new green vehicles. Inventory of battery-powered models on dealer lots has more than doubled over the past year, reaching a record high of a 114-day supply at the beginning of December, compared with 71 days for the overall auto industry, according to researcher Cox Automotive.

It’s gotten so bad that a nationwide group of almost 4,000 car dealers calling itself “EV Voice of the Customer” wrote to President Joe Biden in November, asking him to “tap the brakes on the unrealistic” government mandates for EVs, which his administration wants to make up more than half of all US auto sales by 2030, from about 7% in 2023.

The US has lagged Europe and China in adopting EVs, and auto executives and politicians have been eager to catch up so America doesn’t lose the transportation technology race. But most US consumers aren’t going along for the ride. EVs remain too costly, at an average price of $60,544—about $13,000 more than a gas-fueled car, according to automotive researcher Edmunds.com. That premium has become even more painful as interest rates on auto loans have soared. Beyond cost, many consumers also see EVs as too risky if they run out of juice with no charger in sight—a concern known in the EV industry as “range anxiety.”

Economics 101. Up to 50% grants (I haven't seen any at 50%) and loans you need to pay back somehow just won't cut it.