The EV market share for new vehicle sales in February 2024 was approximately 6.5%, compared to 83.1% for gas-powered vehicles, according to Edmunds sales data. If we look at things from a broader perspective, electric cars account for 1% of all registered vehicles on the road in the U.S., according to Experian Automotive's Market Trends third quarter 2023 report.
https://www.edmunds.com/electric-ca...et share for,according to Edmunds sales data.
My humble opinion on this is simple... A very large portion of the buying public does not want to buy an EV... And a very large portion of the small portion that does want to to buy one, can't afford them... or they are not practical / cost effective for daily use... and hence are not a realistic option.
I have never seen in my life so many viable profit based companies try to produce and sell the US public something with so little demand for it, at such a premium price, and with little to no infrastructure to support it...
I think there is a market for EV's.... but the market is not your mainstream everyday middle class US driver.... and that's why it will tank until some tech breakthrough makes them cheaper, much faster to charge, and provide practical and plentiful ways to extend range. Until then, they will continue to be a 5 -10% US market novelty.