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And incomes are lower in red states and EVs are still very much a premium product. There are fewer Lamborghinis per capita in red states too.
by progne 3y ago
And incomes are lower in red states and EVs are still very much a premium product. There are fewer Lamborghinis per capita in red states too.
- acdha 3y agoEVs start at $27k, a bit over half of the _average_ new vehicle price last year, and less than that if you look at the most popular SUV and truck segments. There are pricey ones but that’s the same as the $70+k truck market where the manufacturers have seen huge profits from steering buyers towards the luxury models with the highest margins.