Americans bailing on EV's!!!

[Captain Caveman]

Targets for the electric car transition was founded on expectations, and they were too optimistic.

 

[Old Rocks]

Targets for the electric car transition was founded on expectations, and they were too optimistic.

Well, with Trump's Iran FUBAR, looks like EV's may be gaining in popularity again. Were we allowed to buy some of the new long range Chinese EV's, or better yet, have American EV's that would compete, they would be making even more gains.




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Why Used EVs Are Gaining Popularity​

Used electric vehicles (EVs) are experiencing a surge in popularity, driven by lower prices, expanding supply, and shifting buyer priorities.

1. Significant price drops and affordability
Over the past year, average used EV prices have fallen about 40% from their 2022–2023 peaks, narrowing the gap between EVs and traditional vehicles to under $2,000 in some cases trendyconsumers.com. This makes EVs more accessible, with 34% priced under $25K and 55% under $30K, including budget-friendly models like the Nissan LEAF and Ford Focus Electric under $15K trendyconsumers.com. The average transaction price for late‑model used EVs in 2025 was around $32,200, in line with or even below comparable gas cars recharged.com.

2. Record sales and strong demand
Used EV sales hit a record in Q1 2026, with nearly 37,000 EVs sold through Manheim auctions and over 100,000 at retail, the second‑strongest quarter on record Electrek. This momentum continues despite slower new EV sales, suggesting buyers are increasingly prioritizing cost of ownership (TCO) over environmental or performance factors Electrek.

3. Supply growth from off‑lease vehicles
A large wave of EVs is cycling back into the market from leases, many originally purchased with federal tax credits. Experian projects EVs will make up 15% of all off‑lease vehicles by end‑2026, up from 7.7% in Q1 Electrek. This influx boosts inventory and keeps prices competitive.

4. Faster sales than gas cars
In Q3 2025, EVs averaged just 34 days on dealer lots, faster than gas, hybrid, and even plug‑in hybrids Carscoops. This speed is partly due to lower mileage and attractive pricing, making them appealing to budget‑conscious buyers.

5. Market outlook
The used EV market is projected to reach $868.37 billion by 2034, indicating sustained growth trendyconsumers.com. With prices stabilizing after steep drops, more buyers are entering the market, and dealers are stepping up inventory.

Bottom line: Used EVs are gaining popularity because they’re now affordable, widely available, and selling faster than traditional vehicles. For buyers, this is a prime time to consider an EV, especially if you value lower operating costs and environmental benefits.

 

[GMCGeneral]

Well, with Trump's Iran FUBAR, looks like EV's may be gaining in popularity again. Were we allowed to buy some of the new long range Chinese EV's, or better yet, have American EV's that would compete, they would be making even more gains.



Like
Dislike

Why Used EVs Are Gaining Popularity​

Used electric vehicles (EVs) are experiencing a surge in popularity, driven by lower prices, expanding supply, and shifting buyer priorities.

1. Significant price drops and affordability
Over the past year, average used EV prices have fallen about 40% from their 2022–2023 peaks, narrowing the gap between EVs and traditional vehicles to under $2,000 in some cases trendyconsumers.com. This makes EVs more accessible, with 34% priced under $25K and 55% under $30K, including budget-friendly models like the Nissan LEAF and Ford Focus Electric under $15K trendyconsumers.com. The average transaction price for late‑model used EVs in 2025 was around $32,200, in line with or even below comparable gas cars recharged.com.

2. Record sales and strong demand
Used EV sales hit a record in Q1 2026, with nearly 37,000 EVs sold through Manheim auctions and over 100,000 at retail, the second‑strongest quarter on record Electrek. This momentum continues despite slower new EV sales, suggesting buyers are increasingly prioritizing cost of ownership (TCO) over environmental or performance factors Electrek.

3. Supply growth from off‑lease vehicles
A large wave of EVs is cycling back into the market from leases, many originally purchased with federal tax credits. Experian projects EVs will make up 15% of all off‑lease vehicles by end‑2026, up from 7.7% in Q1 Electrek. This influx boosts inventory and keeps prices competitive.

4. Faster sales than gas cars
In Q3 2025, EVs averaged just 34 days on dealer lots, faster than gas, hybrid, and even plug‑in hybrids Carscoops. This speed is partly due to lower mileage and attractive pricing, making them appealing to budget‑conscious buyers.

5. Market outlook
The used EV market is projected to reach $868.37 billion by 2034, indicating sustained growth trendyconsumers.com. With prices stabilizing after steep drops, more buyers are entering the market, and dealers are stepping up inventory.

Bottom line: Used EVs are gaining popularity because they’re now affordable, widely available, and selling faster than traditional vehicles. For buyers, this is a prime time to consider an EV, especially if you value lower operating costs and environmental benefits.

Thanks for the laugh, Old COCKS! Meanwhile, GM is developing new two stroke gasoline engine tech.

 

[Old Rocks]

Thanks for the laugh, Old COCKS! Meanwhile, GM is developing new two stroke gasoline engine tech.

LOL!!!!!!!!!!!!!!!!!!!!!!!!!

 

[skookerasbil]

Going to be 70 degrees in some spots on the Oregon coast this coming weekend. In Salem, where I now live, low to high fifties in the day, low to mid-40's at night. Should be another good year for my lime tree and fig bush.

A temporary trend that will be reversed as soon as we rid ourselves of the present kakistocracy and the new batteries give the EV's ranges exceeding that of ICE vehicles. Of course, by then, we will be buying and using vehicles made in Asia because of our present incompetent President and cabinet.

But you were saying this back in 2015 and look....

Whooopsie

Oh...and EV's still only account for 2% of vehicles on US roads. Only progressives taking bows looking at a number like that!!

 

[Old Rocks]

But you were saying this back in 2015 and look....

Whooopsie

Oh...and EV's still only account for 2% of vehicles on US roads. Only progressives taking bows looking at a number like that!!

Yet in spite of the limited range of domestically built EV's, 7.4% of new vehicles registered are electric. With the increasing price of gas from our Iranian FUBAR, this may change radically in the coming year. If our car companies would develop a much higher density battery, as the Chinese companies are doing, the increased range would increase the incentive to buy an EV, and if they can reduce the price and weight, there will be an even greater incentive. People like you were claiming that the EV's would never be anything but a novelty a few years ago, now they are a major part of the market even in the US.

What percentage of cars on U.S. roads are electric?​

Nationally, 7.4% of all new passenger car and light truck registrations in 2025 were for electric vehicles, down from a record 8% of light vehicle registrations in 2024, according to S&P Global Mobility. That translates to 1.26 million EV registrations out of 16.25 million total new vehicle registrations in 2025.

In the broadest view possible, IHS Markit data* shows that EVs, which date back to the Nissan Leaf in 2011, accounted for about 1.9% of the 291 million vehicles on the road across the U.S. at the end of 2025, up from 1.4% in 2024.

..........................................................................................
25% of the new vehicles worldwide are EV's;

25% of new cars sold globally in 2025 were EVs – here's who bought them

More than 25% of new cars sold globally in 2025 are now EVs, according to new analysis from energy think tank Ember.

electrek.co