America’s major manufacturers have made it clear that electric vehicles haven’t been as profitable as hoped. Ford has stated they expected to lose $4.5 billion on their electric vehicle divisions this year. Detroit’s automakers knew that they were going to lose money in these early years of production, just not that much money. Now, dealers are refusing EV deliveries to avoid having cars they can’t move off their lots.
Insider reports that some dealers don’t want new electric vehicle deliveries. Scott Kunes, the chief operating officer of Kunes Auto and RV Group told the website that his company has “turned away EV inventory.” The dealers have pointed to a lack of demand for less-than-affluent customers. The wave of early adopters willing to spend to get their hands on an electric vehicle has faded, but cost-conscious consumers are apprehensive about making the transition.
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