Comment by stasomatic

US dealers and manufacturers have no financial incentive in promoting and selling EVs. They can’t survive on fixing window chips, rotating tires and occasional bodywork alone. It’s a huge industry with long tentacles.

And when they do or did have incentives, they were not passed on to the consumers. My 2025 Hyundai Ioniq 5 had a $57K sticker. That’s not what I paid for it and cheapish leases are aplenty- but - when the federal $7500 credit expired, they simply dropped the MSRP by that much if not more. BMW and others are pursuing the same strategy in the states. The car was never worth near that much to begin with. They were and are jacking up prices and pocketing the change.

BYD is dumping.