I looked at a Ford Mach-E a few months ago. The dealership added $15,000 to the sticker price as a "market adjustment"! I laughed all the way out of the showroom.

No bailouts for the auto industry. Tell the auto industry and their supporters in Congress don't even think of asking for a bailout. Not again. Never again.

When i looked at a lot of electric vehicles, every single one of them had between 20-30% markup. I have zero wonder why they aren't selling well. GREED is taking over.

I have owned an EV for nearly two years. The main problem I have with it is the fluctuation and depreciation of range from full charge. It’s hard to trust the numbers when you are doing long distance driving. The anxiety is real because the distance travelled doesn’t reliably reflect the numbers being shown in the car. There are too many factors that affects the battery range aside from distance. Outside temperatures particularly in the height winter and summer drastically affects the range. I think EVs are only beneficial in city driving where breathable air quality is important particularly in an urban environment. It shouldn’t be marketed as an all around do it all car because it’s not. Like towing for example.😅

I don’t understand how all these manufacturers failed to conduct a complete market survey before investing billions in inventory they cant sell-there is also a matter of affordability 80-90% of household wouldn’t qualify to finance them

I think the true reason is that most consumers can't afford one even if they want to buy an EV.

The car companies seemingly don't know what the consumers want, and the dealer markups are just incredible. everyone has to get money yeah, but as if im going to buy a basic electric car for the price of one that is gas powered and is premium.

I bought a new Kia Niro EV EX Premium in Dec 2020 to get $7,500 tax credit, effectively lowering net price to ~$35K with dealer sale price & military discount. Later bought a used 2021 Tesla Model S Performance with FSD purchased + other options, with 19K mileage in Mar 2023 from a private party. Niro has been great, now with 18K miles, no problems, with range > advertised at ~250 mi & no discernible degradation at this point. Tesla had sensor go out, preventing FSD from engaging, but was fixed under warranty. Tesla mileage now ~25K with only 5% battery degradation. With home wall charger installed (state of VA gave partial tax credit), have only charged Kia twice outside home & Tesla twice (including drive home from NY after purchase). I still own an old Chevy pickup truck for occasional hauling items too big for either car, but only buy gas for it every 2-3 months. May eventually buy EV pickup but need is not that great. Regarding others' comments on range, I keep both cars charged between 20-80% range. Kia Niro has twice gotten down to 2% (daughter) & 3% (me) but range kept extending as car automatically started shutting down systems to extend range & got us home safely.

I've heard rumblings about EV insurance rates and simple fender bender body shop repair rates being higher for some brands. $15-$20k or more for a new battery doesn't sound like fun either.

Would be good to compare these models that aren't selling to the models that are in order to highlight why they're not selling.

The focus on high-end, fancy models completely dismissed the need for affordable transportation the average folks are looking to buy. EVs are selling well in Europe and Asia because their lineup includes lots of entry and economy models that people can afford.

I remember shopping for both a Lyriq and a Mach-E a year ago. Couldn’t find a dealer that was willing to sell it without insane markups lol. Today, the same dealers can’t sell the same vehicles even with insane discounts. Went with a C8 and Macan T instead.

Here in the UK there are hundreds of thousands - maybe millions - of homes in towns and cities that front direct onto the street and have no garage or vehicle pull-in. That makes it virtually impossible for people living in those homes to charge an EV overnight. Seems to me a pretty big obstacle to their acceptance - which is why used ICE car values will skyrocket once the ban on new sales hits in a mere dozen years' time..

I looked up the first car mentioned, Mercedes EQE, and it lists for $65-110,000 for a compact EV so no wonder they're not selling.

The first Nissan Leaf was $44K. A top of the line Prius, at the time, was $26K.

When a new battery costs almost the cost of a brand new car, often more, that's just absurd

Several factors come to mind; price, range anxiety, brand reputation?

My family would love an EV, but areas we frequently travel to are lacking infrastructure to support an EV. Besides, most EVs are priced out of our budget.

I guess I'm pretty fortunate, I recently bought a Chevy Bolt EV and it was right at MSRP and it's a great little car. Drives beautifully, it's comfortable, premium sound system, heated seats and steering wheel, plenty of safety features, and about 260 miles per charge. The obvious downside is that it has rather slow charging, but we have no intention of taking it more than 200 miles away - we still have an aging ICE car that would be fine for that if the need arises. We're very happy with the Bolt.

Pricing is the elephant in the room! $60-$80K can be spent much more advantageously. After owning 2 EVs I've switched to PHEVs; the best of both worlds.

Until electric cars are the same price as regular cars they’ll not sell to regular people!

I would consider only a hybrid and no 100% EV as no one mentions with all accessories running what the mileage would be diminished to... Heater in winter, AC in summer , stereo blaring and what is life of the batteries and what is replacement cost ? Too many questions unanswered right now...

Here in the UK on Auto Trader the difference in price from low to high for the Jaguar I-Pace is quite ridiculous. At the cheap end there is a 2020 car with 88,000 miles for £17,490 and at the other end of the scale there is one for £86,630. This is for more or less the same model. Personally I wouldn't have either of them. I'll stick with my turbo diesel Juke and not get range anxiety and knowing that when the temperature drops below -5 my car will start, run and get me to my destination regardless of how far it is. And what's more, I will get there sooner than an electric car of the same power. Here's a quick tip for all you car manufacturers out there. 1. Build cars that people want. 2. Create a charging infrastructure that is common and reliable (like the Supercharger network) 3. Build small and cheap as not everyone can afford vehicles that cost £30K+. It's no wonder is it really that, manufacturers build these ridiculous machines that cost up to and over £100K+ and can't sell them. Personally I think it serves them right for not listening to the consumers...................

Currently driving a Cadillac Lyriq and have put 15,000 miles on it. It is my 5th electric vehicle. It was one of the first couple of hundred built and had many problems at the start but has been completely problem free for 6 months after the dealer finally overcame the issues. It is a great vehicle and I am glad I bought it. I also considered getting a Blazer EV as a second car but was blown away by the MSRP that was more than the Lyriq. Overpriced by at least $12K. These will need big price cut/rebates to sell them.

In the case of the Lightning, Ford has made the mistake of restricting the extended range battery in the Pro model to fleet sales only. They are also focusing on the high end Lariat and Platinum trims. People shopping for a truck in that price range want a truck that is equipped EXACTLY as they wish. Ford has 3000 dealers in the US, so 9000 trucks works out to 3 per dealership. There is not much likelihood that with only three units that one is going to have the trim level, options, and color a buyer wants. My local dealer has exactly ONE on hand compared to over 60 regular F150's. It's a Platinum with a MSRP close to 100K. Not many buyers at that price.

As an apartment dweller who wouldn't be able to charge at home, EVs make no economic sense since fast-charging all of the time is as expensive as gasoline, is likely to cause premature battery failure, takes 10X longer for half the range and costs 10-20k$ more up-front.

Yesterday one Mercedes EV exploded whilst charging in Malaysia

It would have been handy to have included the Tesla numbers for comparison, model, price, range, on hand stock, and days of inventory.

You missed the Audi Etron. I read that Audi slashed the lease cost by $50,000!! I rented one for a 160 mile round trip because I didn't want to wait over an hour for an ICE vehicle. The range showed 254 miles when I left the rental company lot. After 60 miles, it dropped by over 100 miles. I had range anxiety for the remainder of the trip. There's a long way to go to make these appealing in the US market, plus, it still feels like a very large golf cart in a car body.

Just got awd ioniq 5 and couldn’t like a car more. Thing’s fantastic.

Got the f150 lightning. It's awesome. I tried the truck. I asked questions to real owners and finally decided to get one and I love it. Don't let anyone decide for you. Get real info. I never thought of getting one and here I am. No regrets.

Pretty much everyone who wanted the lovely f150 electric has got one.. look at the price tags. Wow

I heard from a Hyundai sales person, years ago now, when the Hyundai Kona EV first came out, that dealership sales people don't like selling EVs because there is little to no commission on selling EVs because most auto makers are selling EVs at a loss, leaving nothing for commissions. Makes sense to me. The only way EVs other than Tesla will see higher sales is if the manufacturers sell directly to the public.

We had the money to buy a new Hyundai last year. But the 3 year waiting list was already full. So we bought a used one instead. The EVs are certainly not going unsold at the Hyundai dealers around here!

It’s the same situation in singapore. Dealer that only have EV available for fighting for market share, while dealers that have both ICE/hybrid and EV are pricing their EV higher and complain that EV are too expensive to sell

Home charging may be relatively cheap at the moment, but once more people have been roped into the EV market, energy charging prices WILL skyrocket!!

Same price as a house used to be.....SHOCKER!

7:56 I am in the UK and went to order a Mach e and it is on a 10 month lead time - delivery is December 2024!!!!

IN CANADA COST TO PUT CHARGER IN MY HOME Non-Standard Installation Cost: Labour & Material Installation Cost $3,831.80 Permit Cost $120.00 GM Canada Non-Standard Installation Credit ($1,500.00) Tax $318.73 Balance owed (Credit Card payment due): $2,770.53 incl. tax. Also ordering the charging unit module19.2 KW AC from GM for $1,795.00 So overall this will cost $5,626.81 Love the look of the Lyriq ...the lyric is not selling they have a huge inventory they are going to give big rebates to move these lyrics.

You give the "days supply" which is of course great, but some of the dealers have one or two EV's, and that still is about a 100 to 150 day supply!😮 RIP Jaguar and Ford.

I currently drive a 2017 Chevy Bolt, which i bought for only $15k. My wife drives a 2022 Chevy Bolt, which we bought new for $29k. We have both taken long trips with our cars, going 700+ miles. We plan our trips, selecting where we'll stop to charge, and what we'll do while the car is charging. Last time, we stopped at a shopping mall, and shopped while the car charged. Our 2nd stop was at a car dealership, so the charge was FREE. We had a meal while charging there. We live in the northeastern U.S., so there are places to charge, but not enough of them. More infrastructure is being planned and built, so this will only improve over time.

your voice is so good that it sounds like someone in china or india hired you as a voice over. You should probably brand this channel by just being yourself, might be a stronger lane for you. Pretty interesting video, well written and professional. Useful to point out some "do not buy" cars. I'm not sure which EV's are real "do not buys" and which are just ugly stepsisters of the teslas. There might be some ugly stepsisters that are okay to buy depending on discounts. That's a hard sell nowadays because the lower priced Teslas and used Teslas are just generally so much better than the other electric vehicles.

That anyone is mental enough to walk into a dealership in the states for any Ford products right now just blows me away. Regardless of it being EV or ICE

Way out of my price range, even the leaf which is 30K, my car and truck don't even come close to that. Maybe worth 10K together on a good day . That's where I'm at, but they are paid for and run great.

Instead of phasing out the Leaf, they should consider using LFP batteries to power it and continue selling the car. They already have the necessary tooling manufactured for production, so they ought to just make sensible upgrades and benefit from economies of scale to increase their profits.

4:39 Misconception that filling up at the gas station is quicker than not going to the gas station. I've owned an ev going on 8 years and on an annual basis EV's save more time plus I never do oil changes an even bigger time saver.

Without a reliable charging network...you'd be silly to buy an EV outside of a Tesla! Building the Supercharger network alongside the vehicle was a genius move by Tesla!

If you take all the unsold ev and times the value of each one and figured how much it is costing dealers to carry the interest on them why would they make any more of them. At some point they will need to sell them just to stop paying the interest on them which I think is a lot of money. Thank you Ben

I'm a field tech and we have company cars, Currently we drive Ford Escape hybrids and get 580 miles on a fill up. The company wanted to switch to Tesla Model 3's the guys that got them as a test run HATED them... Range issues, having to bring and extension cord to every customer site to charge the car. Not being able to find hotels that have charging stations when on the road overnight.

One day I'll have an electric vehicle but the prices are too damn high. I was one of the people who had a reservation for the Lightning and when it was time to order it was over $80,000. I wasn't paying that !

Three year owner of Tesla model Y. Love every minute!

I believe that EVs will find their niche but they will not totally replace the ICE any time soon.

The manufacturers have missed the biggest, most important segment who would love to buy EVs…Small businesses and contractors. A lot of us drive a LOT of local trips. Instead, they concentrated on the fully loaded, luxury versions. Ford released a Contractor oriented Lightning…its sold out for a year. The high ticket luxury versions, they can’t sell them. Chevy released a $100,000+ version of the Silverado. Meantime the Contractor grade, high towing capacity $60,000 version I want to purchase is nowhere in sight. So, I bought a Niro EV for estimates, running around for supplies and doing small jobs. I drive it all the time. If they had released the Silverado Contractor version, I would have traded the Ram Diesel in and bought that instead. Not waiting a year for the Contractor lightning, especially when it can’t tow my 14,000 lb dump trailer. Business use is where the market is and the Manufacturers have blinders on.

Thanks so much for the heads up. You're doing a very patriotic thing for the inflation America.

I saw 2 You Tube videos of people who purchased EV's, both of them had to replace the batteries, which were not covered by warranty. One of them bought the car new 2 years ago and the replacement cost for the battery was $60,000, more than what he paid for the car when new. I have no intention of buying an EV until I absolutely have to.

I got kona ev from Colorado for $30k with 280 miles range I still have my dodge ram but with $ 6-7 gallon ( cali)I can't afford to drive it /$10k a year for diesel .EV free charge for 2 years from Hyundai I love it, it works 4me

The biggest contributor to failure in sales of these EV is the price of these cars! The Chevy Bolt seems to be selling because of the price is what most people can afford, especially coming out of a pandemic! Even lots of gas cars aren’t selling as well as they should because of the price! Tesla sells very well in Northern California because of price reductions and rebates! Time tested support is big plus for buyers!

The high cost of a replacement battery could kill resale value. The extended range battery for a Ford Lightning is $32,000. If the battery died you would have to fork out the cash or possibly take a huge loss selling it if the vehicle is out of warranty. Add in the range depreciation and it makes it worse.

My local ford lot has 3 e transits, 7 mach Es and 6 lightnings. Im thinking of getting rid of my gas pig and going for a test drive in an E Transit for work. I look forward to never going to a gas station again.

I like Nio's battery swap option - I want the risk of owning a crappy battery to be shared haha so until then... staying with my Prius.

Who in the hell wants to wait in line at a half-working charging station for hours and then wait another hour at the least to charge your car, then worry about how far you can go to do it all over again. Thats insane.

In the UK my brother bought a Tesla for 60,000 UK pounds 3 years later its only worth 27,000 UK pounds the depreciation on EVs is crazy.

I have driven 2 EVs before and I like the car and tech but only thing stopping me from buying one is PRICE 💵 AND RANGE. Not too many miles per charge.

I currently own one and is the best decision ever. It's not for everyone, but it fits my needs. Less moving parts means less maintenance and no gas expense. Is not wander whay the price of a ev is higher.

Already have one and love it practically no maintenance cost and at highway speed I get 200 plus miles once you figure out this vehicle is the answer to short to medium trips at very low cost you’ll love your electric car plus the torque and the it so quiet . Chevy bolt driver for 3 yrs .

It’s the High cost any over $55,000 are too expensive and the current high interest rates are killing sales, the Leaf was nice after they made changes but the first couple years they had battery issues and they only had 100 mile range. Now it’s nice and they drop it?

We bought the Bolt EVU one week ago. We love it and we live in California.

I just got a vehicle three months ago and the cost of EV models were 2-3 times the price of a gas car. I couldn’t afford it.

The Bolt is flying off the lots. GM had planned to stop production by now. Due to surging demand, GM has decided to redesign it instead. I'd gladly buy another.

It is interesting to note that both the Hyundai Ioniq 5 and EV6, which share the same platform as the GV60, are selling well. However, despite the GV60 being a more aesthetically pleasing vehicle, it appears to have exceeded the price range that most people are willing to pay for it.

I wanted an EV for my next car, but after doing the research about the astronomical hidden costs, no way would I ever buy one!

no surprise with such asking prices

FYI: TESLA manufactured 66k less cars in Q3, than in Q2 and still managed to bloat their inventory by 8k cars.... Mostly Model 3/Y. This is from their own Q3 report.

This video reminds me of Hybrid automobiles about 10-years ago. They always want to charge a higher price the closer to a fully electric vehicle. Before buying my current car a 2014 Hyundai Hybrid Sonata (fully loaded with all options), I went to check out Ford's mid-size cars. The gasoline only model list price was $24,000; the hybrid model (gasoline and electric) list price was $34,000; and the plug-in hybrid electric model list price was $44,000. My problem was, when driving down the street they each look the same on the outside. Therefore, why would, I ever pay twice the price (smile...smile).

i've been driving my EV6 for 2 years and I love it. No major issues. I drive it everywhere including road trips. EA stations can be a hassle but i only really use them a couple times per year. 99% of my charging is in my garage. The only maintenance has been one cabin air filter. Everyone who rides in it says "I can't believe how smooth and powerful it is".

The longer they sit the more compromised their battery becomes. Then by the time you get it the battery will not take a full charge and if it does lookout big fire hazard.

A Toyota hybrid is efficient enough and approachable for me. Good build quality and decent warranty too.

The few who actually want EV’s already have them, and if they live in cold weather they won’t want another!

Just saw a news story about a Mercedes EQE that was a loaner while the owner's Mercedes was in the shop (story didn't specify if the owner's car was EV or ICE). The car was parked in the garage, not being charged, just parked. It burst into flames, and by the time it was out, the home was, according to the owner, a total loss of $1 million (although frankly it didn't look like a million dollar house to me.) Apparently, there was a recall on that model for a battery malfunction warning light failure, and it' hadn't been applied. If the owner's own car--the one in the shop--was an ICE model, and the dealer said, "Here, try this EQE. It drives like a dream," there would be at least a bit of irony. I know these EV fires are rare, as are the cases of $40,000 for replacing a battery pack, but they get a lot of press, and both are an indication of one thing: Regardless of brand, all EVs are still Version ONE of a new technology, and as long as lithium-ion liquid battery packs are the power source they'll still be version one. I think even the solid-state lithium-ion will only be version 1.5. Add to that the lack of sufficient electricity generation capacity, and we have trouble my friend.

Notice that virtually all the ads for EV's show lots of green trees in the surroundings - no snow drifts and icy roads. So you can get 300 miles per charge in hot weather but not in Minniapolis in January. Your lucky if your charger works at all. How far will your EV go at -10F? My next vehicle will be something more I can rely on without worry - like the proven internal combustion engine vehicle.

In the rang numbers, they never factor in accessories on like A/C or heaters plus headlights and sound systems, it all ads up. I live in Canada and our winters are cold and long, these EVs are only good (barely) for short commutes in the big cities.

The very worst case scenario with my current ice car is that I have to replace the engine AND transmission at the same time, and even in the very unlikely event that actually happened, it would still cost me about 30% of what the cheapest available new EV would cost me, PLUS I have the satisfaction of being green by recycling my existing car, rather than buying a new car which requires that that the materials be ripped out of the earth and then refined and processed and manufactured into parts to be assembled into another car. My current ice car is and has always been very dependable, and being that it's an older model, the insurance is dirt cheap. I can't afford an EV anyway so I'm doing what I can with what I have.

I bought a Lyriq AWD Luxury 3. I love it. Leased it for 3 years. The reality is: the XT4, XT5 and XT6 are better values unless you have a home charger , work charger and don't take road trips.

Price is what is the issue. Dealers are marking these up like crazy.

The cost of replacing the batteries is out of reach.

It's just that replacing a battery can cost anywhere from $15,000 and up.

I wonder if CarEdge is happy that you're using their research. I also wonder if the slow EV sales have more to do with the outrageous prices than anything else.

I have a plug-in hybrid … driving on ELectricity is nice in warm weathers and when I am just driving the car. However in cold weathers the batteries lose half the range. Also I have to drive once or twice a week with a horse trailer. I can never do that with an EV.

The only EV I'm interested in buying is the Aptera. I have an order reservation for one & hope to be driving it in 2024.

For most buyers is an amazing 0-60 times what they're looking for? Or are there other, more fundamental issues?

The MDS for some gas cars is over a year. It's a general slow down on all new vehicle sales because the Corpos and dealerships are gouging customers with "market adjustments" etc. My next vehicle will be an ev, but not a new one. I buy 1 year old and save 30% off the price.

What happened to the ‘Here is why” part?

A big part of the issue for EV's in the US is the legacy dealer model; dealers rely on servicing to make money and EV's need very little servicing. So dealers are not incentivated to sell them and they control the demand. Take the dealers away, like Tesla has, and you get a completely different outcome.

Some people have to learn the hard way.

It's not the same story everywhere. In Quebec (Canada), EV sales are not following demand. For example 77% of all Mazda MX-30 are sold in Québec. Québec also leads the country in volume, with of 40% of all ZEV registrations in Canada.

Are you talking about the USA? Here in Quebec Canada we still have a long waiting list.

Drop the price of EVs to $30,000 for all brands. Then you'll see movement in the EV market. Otherwise you could keep them on the dealer lots because people are not going to pay $1,100 to $1,800 a month car payments.

Here in the UK, I think EV's are a bit like smart meters......Good idea at the time but people are waking up to the fact, that if it aint broke don't fix it. I think EV's will eventually come good but currently they make no sense. I've just ordered a "petrol" seat ibiza. Dealer says 6 month wait until delivery. Supply and demand as usual.

I just gave up my 2022 BMW M4 competition cabriolet for an EV - Porsche Taycan and I’m happy

Does a dealer have to charge each ev every now and then to prevent the batteries from going dead while they sit on the lot?