| ▲ | kevinqi 12 hours ago |
| does anyone have a data-backed reason as to why US market share has capped out around 10%? is it economics + lack of access to chinese EVs? range anxiety? |
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| ▲ | jfengel 11 hours ago | parent | next [-] |
| We have just about the cheapest gasoline in the developed world. Partly because we make it here, and partly because we refuse to raise taxes on it. (The federal tax was last raised in 1993. It has be 18 cents per gallon ever since.) If gas were 2 to 4 times as expensive, as it is in much of Europe, there would be a lot more demand for electric cars. It doesn't help that we exclude all of the new BEVs from China, which are considerably less expensive. |
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| ▲ | bloomingeek 11 hours ago | parent [-] | | And there it is, we're keeping competition out of the states to protect our auto industry, instead of giving we consumers other options. I've rented cars in Aus/New Zealand, if I lived there I'd own an EV, hands down. The only way to make our auto makers change is to "make" them change by competition. Consumers want this change, why else do we buy so many Japanese cars? (Beside the fact they are superior.) |
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| ▲ | asdff 11 hours ago | parent | prev | next [-] |
| I’d guess a greater percent of car owners in the US are working class. A lot of cities car modal share is like 85% or higher which shows how much car ownership is democratized in the US compared to asia or eu, where ownership might be higher relative income and more able to afford new ev premium prices vs cheap used gas cars. |
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| ▲ | atom058 3 hours ago | parent | next [-] | | Another interpretation of the high modal share of cars in the US is that there are no viable alternatives to driving in many US cities. In Europe, public transport and biking are viable forms of transportation, so we're not forced into car ownership to participate in society (although the situation can definitely still be improved further). I believe this to be a more "democraticed" outcome than an inescapable 85% modal share for cars. | |
| ▲ | thinkcontext 10 hours ago | parent | prev [-] | | We're talking about new cars, which in the US the average price of is $50K. The working class tends to buy used cars, of which 3 times more than new cars are sold each year. | | |
| ▲ | asdff 4 hours ago | parent [-] | | Doesn’t matter the price really. People will lease new cars for a couple hundred a month. Or finance them to about that monthly. No one is paying $50k day one. This makes it so people you wouldn’t expect to afford a 50k asset actually do have one, because they can afford to part with like $200/mo. |
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| ▲ | coliveira 11 hours ago | parent | prev | next [-] |
| EVs continue to be expensive in the US. But the trajectory is the opposite in the rest of the world due to the benefit of Chinese exports. In Brazil, for example, new car prices have a now a discount of up to $10K, all due to increased competition from China. |
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| ▲ | nickez 11 hours ago | parent | prev [-] |
| probably gas price |
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| ▲ | SoftTalker 11 hours ago | parent [-] | | And range/charging infrastructure. The middle of the US is large and mostly rural. There's no charging infrastructure to speak of. But even the smallest towns at least have a gas station. |
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