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Tesla loses EV market dominance, falls below 50% in US [unit sales in 2024Q2] (www.theregister.com)

submitted 4 months ago by Alphane_Moon@lemmy.world to c/technology@lemmy.world

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[–] Jakeroxs@sh.itjust.works 5 points 4 months ago (1 children)

I wouldn't say supply has caught up with demand, there's a lot of other factors that contribute to people WANTING an EV, but being aware that it's not feasible yet for them due to things like average price, charging access issues, etc.

[–] sugar_in_your_tea@sh.itjust.works 0 points 4 months ago (1 children)

That's a demand issue then. The supply has saturated demand at current prices, so prices need to come down to align with demand at lower price brackets.

[–] Jakeroxs@sh.itjust.works 2 points 4 months ago

But demand is sti higher, it's just mitigating factors, I want an EV but I live in an apartment so I can't easily charge it, so I went with a hybrid instead as an in-between till I own a home and the infrastructure and battery tech improves.