Even Fire-Sale Discounts Can’t Save Electric Vehicles
The eco-left championed electric vehicles (EVs) as the future, but even with record-breaking discounts and taxpayer-funded handouts, Americans still aren’t buying in. EV sales have declined for three straight months, and dealers are now slashing prices to desperate levels.
The Wall Street Journal reports,
“A Hyundai dealership in New Jersey is hyping a $169-a-month lease on its Ioniq 6 sedan, which carries a sticker price of about $38,000, making it far less expensive than a comparably priced lease on its gasoline-burning models.
Kia will lease its small Niro EV SUV for as little as $129 a month.
And a GMC dealership in Indiana touts the Hummer EV—with a $100,000 sticker price—for a monthly lease payment of $650, similar to the monthly payment for a gas-powered car that costs half as much to buy.”
Now, with President Trump’s “big, beautiful bill” ending the $7,500 EV tax credit on September 30, the market is facing a wake-up call. Without government subsidies, EVs will finally have to stand on their own. And the market continues to show that Americans want reliable cars, not virtue-signaling vehicles that can’t go the distance.
Even with lower prices, Americans still aren’t buying, showing that the core problems haven’t changed: EVs are expensive, charging is a hassle, and there is concern about driving range. For most Americans, a gas-powered car still delivers more value, freedom, and convenience, without the hidden costs of chargers and infrastructure failures.
July 10, 2025