EVs Don’t Have A Demand Problem. They Have Affordability Issues.

The Cadillac Lyriq SUV is one of the few electric vehicles offered by GM, with an initial cost of nearly $60,000. Mr. Wade Payne of General Motors There is a lot of talk that people’s appetite for purchasing electric cars is declining. Both Ford and GM have cut spending on ambitious EV projects. But one of the biggest…

Source: www.businessinsider.com