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Tesla’s slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids.

No, electric vehicle sales aren’t dropping. Here’s what’s really going on::Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, arguably a step back from EVs.

  • GreatAlbatrossAEnglish
    2·
    10 months ago

    That would not surprise me at all.
    In the UK, they have a huge tax incentive as company cars. People are definitely getting them for the tax benefig, and not giving a shit about the electrics.

    Though honestly, if it means almost all company cars are at least regenerative braking, and the tech is there is someone does want to use it, it’s not the worst thing.
    I might end up with a PHEV in a few years, as most of my driving is very short distance, and I can’t justify the cost of a 200mi+ BEV for the 1 trip a month that needs it. And putting second hand PHEVs on the market helps that.