Quote:
Originally Posted by TheBingoBalls
I don’t know if I would go as far as saying overall EV demand is going off a cliff, I think some EVs are, specifically the more expensive ones. All of Mercedes-Benz EQs sales at least in Canada/GTA have gone completely cold where Mercedes-Benz have dialed back on the allocations and dealers are only expected to sell 10% of their total annual target.
BMW is feeling it a bit as well, but the i4’s are stilll selling well, iX cooled off and XMs are completely non-existent.
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By going off a cliff I mean well below manufacturers expectations to remain profitable - replacing their entire line up with ev’s at this stage would be suicidal, hence why they’re scaling back ev spending and continuing to develop/manufacture ice and hybrid models