Analysts say there’s a gap between the enthusiasm of EV consumers and actual purchases.
Car dealers in the United States have had an average weekly inventory of 90,000 EVs in this year’s second quarter, amounting to a 342 percent increase over the same period last year, according to Cox Automotive, quoted byAt first glance, that’s pretty impressive, but as analysts point out, the reality is that actual purchases fail to keep up with dealers’ ability to fill their lots with all-electric vehicles that end up collecting dust for about three months before being sold.
The increase in EV stocks is partly due to the expansion of all-electric lineups from manufacturers worldwide, with “Education for both consumers and dealers remains a critical factor in driving widespread confidence and adoption of electric vehicles,” said Kayla Reynolds, a Cox Automotive researcher. “For dealers specifically, preparation is paramount, and our findings emphasize the urgency of equipping dealers with EV sales and servicing capabilities.”
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