China’s massive government subsidies of electric vehicles has been a disaster yet the Biden Administration is adopting the same failed big government policies.
More electric vehicles are being pumped out of car factories than ever before — but some dealers don’t want them.
Electric-car inventory has been piling up on dealership lots this year as companies up their EV production, leading some dealers to say enough is enough. Some are telling automakers they don’t want any more until they can sell what’s sitting, several dealers told Insider.
“We have turned away EV inventory,” said Scott Kunes, the chief operating officer of Kunes Auto and RV Group, which sells Detroit brands as well as Nissan and Mitsubishi in the Midwest. “We need to ensure that we have a good turn on it.”
Automakers are “asking us to make a large investment,” Kunes added, “and we’re just wanting to see some return on that investment.” Business Insider