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No, electric vehicle sales aren’t dropping. Here’s what’s really going on (www.cnn.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

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No, electric vehicle sales aren’t dropping. Here’s what’s really going on::Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, arguably a step back from EVs.

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[-] nyan@lemmy.cafe 1 points 8 months ago

Tax rates in general are higher there, and not all taxation scales with population (corporate tax, for instance). It also depends on how the government allocates the money it spends—Norway doesn't have the US's ridiculously inflated military budget.

[-] Fisch@lemmy.ml 5 points 8 months ago

The issue is how the US is spending tax money then and not the population

this post was submitted on 26 Feb 2024

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