Electric Cars for Sales – Are They Ready For Prime Time?

Electric cars for sale were supposed to be a slam dunk. After all, manufacturers have been smashing one annual growth record after another since 2020, and a mix of new technology and government money was supposed to practically guarantee a dramatic shift toward electric vehicles. Even a major car dealer like Cox Automotive, publisher of Kelley Blue Book, last year predicted the market would hit 1 million sales in 2024.

But even though sales haven’t fallen as many had predicted, it seems like the industry is coming to a bit of a reckoning. Some have even started to lower their forecasts.

Revving Up: Electric Cars for Sales

Part of the problem is that most EVs aren’t as affordable as people had expected them to be, and that has made them less attractive to people who just want a vehicle they can easily fit into their lives. The other issue is that the public charging network isn’t as developed as people had hoped. The US, for example, has only 1,900 stations with connectors to charge the cars, and they’re often far from people’s homes.

But while these problems might be affecting short-term sales, they shouldn’t derail the larger trend. The truth is that the world is going to eventually transition from gasoline cars to electric ones, and this must happen as soon as possible to avoid the worst effects of climate change.