They’re either okayish but wayyy overpriced or just bad and still overpriced.
If BYD was allowed to sell there you’d probably see a huge jump in ownership.
US isn’t as rich as many think either - the oligarchy and corporations there are, the people not so much. It’s why car ownership in general is down there.
The market doesn’t hate EVs, because otherwise Polestar didn’t be opening a plant in the USA to keep up with demand.
US EV market share is at 5.7%. That is low compared the rest of the world. Especially since the US is a rich country.
Because US EVs are pretty shit.
They’re either okayish but wayyy overpriced or just bad and still overpriced.
If BYD was allowed to sell there you’d probably see a huge jump in ownership.
US isn’t as rich as many think either - the oligarchy and corporations there are, the people not so much. It’s why car ownership in general is down there.
The sales-weighted average for new car sales in the US is $47k. That is a lot of money by global standards. Even in the US you can get something like the 2025 Hyundai Ioniq 6 for less then that and there are cheaper BEVs available as well.
Also car ownership in the US is insanely high.