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US Dealers dump Electric Cadillac, page-5

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moorookamick

23,964 Posts.

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08/12/20

23:47

Post #: 49437150
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Originally posted by moorookamick: ↑

EV market penetration is slow and expensive for dealers who have to spend millions in stock, tooling-up , training and promotions.

The Chevy Spark has been on the market for 4 years and has not been profitable for dealers.

The initial $200K franchise package is only a fraction of the real cost over time.

There were less than 7000 Ev & Plug-in Hybrids sold in Aus in 2019 (out of about 1.1 million vehicles sold)

https://www.budgetdirect.com.au/car-insurance/research/electric-car-sales-australia.html

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There are 15 Make/models competing for that 7K annual sales.
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