



“Electric cars are a solution looking for a problem! They aren’t going to stop something that largely doesn’t exist. But since the 1000s of pounds of metals that comprise the battery aren’t being recycled, EVs are creating their own problem.”
~ Daniel F. Baranowski @DFBHarvard, America First
There are many options in EVs to challenge Tesla now, but there is one problem. People aren’t buying them, and they’re gathering dust at dealerships. Forcing electric vehicles on Americans has created an ever-growing mismatch between supply and demand.
Auto dealers are sitting on way more electric cars than they are gas-powered ones right now, Insider reports. It’s twice as much.
More than 90 new EV models are expected to hit the U.S. market through 2026, according to AutoForecast Solutions. Many will struggle to reach profitable sales volumes, analysts said.
Cox Automotive experts, which owns Axios, posted the news on the outlet. The swelling EV inventories are looking for buyers. They first shared the information during a recent midyear industry review for journalists and stakeholders.
Cox attributes the slow sales due to price and charging concerns.
Ford’s electric Mustang Mach E is piling up inventories. Ford dealers are selling fewer Ford EVs than they were this time last year.
Tesla has a distinct advantage over everybody else in the EV market. They have a trusted brand and customer loyalty. They’re also status symbols. If you spend $40,000 and up, way up, for an electric vehicle, you might as well have the best.
Eventually, new charging stations will be built, and prices may come down, but we still don’t have the grid to support everyone on electrification. Also, we have those big trucks. Even if trucks are electrified, they will still be big and demanding. The grid would have to change markedly, but it isn’t happening.
And what about recycling those 1,000-pound batteries? The simple answer is we don’t recycle them, at least not much, and they’re building up too. Only 5% or less are recycled.