It's hybrids. I know I'm going to get kicked in the dirt here for saying it. But there is evidence. Yes, the market for pure EV is saturated. It's saturated

It's hybrids. I know I'm going to get kicked in the dirt here for saying it. But there is evidence. Yes, the market for pure EV is saturated. It's saturated because appealing hybrid designs have emerged and solve all the problems the rest of the (price sensitive, non-luxury) market cares about, and they're near price parity with pure ICE as well: i.e. cheaper than available EVs (as opposed to whatever Chinese EVs you have in mind.) Plug-in hybrids are a thing now, so if your commute is reasonable you can burn zero gas for most driving, and long drives work the same as ICE: fill up and go. The rest is academic for the mass market. A Prius Prime, for example, gets up to 70 km on a full charge, and charging requires only a common 120V/15A circuit (11h). Soccer mom hauls the neighborhood around town in an eight passenger Chrysler Pacifica, and the kids plug it in when they get home. Cold weather doesn't matter either: the ICE just kicks in earlier and solves that. There is a EIA graph over here[1] that shows (right hand side) what I'm talking about. Sum the hybrid and plug-in hybrid lines and the drop in the EV line is explained. IBD writes on this further here[2]. [1] https://www.eia.gov/todayinenergy/detail.php?id=62063 https://www.eia.gov/todayinenergy/detail.php?id=62063 [2] https://www.investors.com/news/hybrid-cars-ev-electric-vehicles-ford-gm-tesla-toyota-honda/ https://www.investors.com/news/hybrid-cars-ev-electric-vehic...