this post was submitted on 01 Apr 2026
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Electric Vehicles
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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.
Yes, it's high because nearly everyone there has no choice. In many places there is essentially no public transportation at all or transport so bad as to be nearly useless.
Secondly, many of those cars sold are not sold with smaller short term loans these days but with 5+ year loans because people can't afford even half the down payment anymore.
And lastly, the people most interested in an EV (especially now) are those looking to save money. To them the main appeal is not having to pay for gas. Yet American EVs are not priced at the same price as budget ICE and Hybrids.