Buyers are discovering that EVs aren’t all they’re cracked up to be, and so, too, are manufacturers. From Eric Peters at ericpetersautos.com:
Mercedes – which recently took your libertarian car guy off the list of car journalists approved to get Mercedes vehicles to test drive because Mercedes was not happy with my coverage of the devices it’s trying to sell – just announced it will not be trying to sell as many devices as it had planned.
Because, of course, they are not selling.
Mercedes was among the car companies that bear-hugged the EV tar baby, promising just a couple of years ago that by 2030 – which is less than six years from now – it would offer only devices for sale. Now it says that maybe 50 percent of the vehicles it offers will be devices – and it will be interesting to see how long it takes for that to change. Because you can’t keep a company going when 50 percent of what you’re trying to sell doesn’t sell. Or you can’t make money selling it. (See in this respect Ford’s decision to halt further shipments of the 2024 Lightning because there are still fleets of brand-new 2023 Lightnings that have yet to be sold, sitting on dealer’s slots taking up space and costing Ford dealers money.)
