the SUV geek Dec 4, 2023
The automotive industry is increasingly producing more electric vehicles (EVs) to compete with Tesla. However, a significant challenge is the lack of sufficient demand. Not all consumers are convinced about the benefits of EVs. While some electric models are popular, others are less so. Buyers are taking a more cautious approach, considering factors like price and charging infrastructure. This suggests that increasing the market share of EVs might be more challenging than previously anticipated. To offer up-to-date insights, we've compiled data on EV inventory from CarEdge. This data highlights which electric models are remaining unsold at dealerships for extended periods. We've organized these models by their "Market Day Supply," indicating the number of days needed to sell the existing inventory at the current sales pace.
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