Electric Vehicles: Are Discounts and Market Pressures a Sign of Trouble?

The electric vehicle (EV) market is showing signs of struggle. Right now, the average discount on new EVs is $6,000—more than 15% off, even on vehicles that can cost upwards of $110,000. Despite strong government incentives, manufacturers and dealers are having a tough time moving these vehicles off the lot. Many customers are discovering that the charging infrastructure just isn’t meeting their needs, and some are even returning to gasoline vehicles.

Is the EV market starting to lose its momentum? Are the early adopter buzz and hype fading? If you're considering buying an EV, it’s worth checking out local dealerships. Take a look at the inventory and the discounts being offered—many areas are seeing these price cuts, while others have not yet felt the impact.

If you're unsure whether an EV is right for you, or want expert advice on your specific situation, you can access a live one-on-one consultation with an expert at ActualHuman.com. Click the link below for personalized guidance.