People Aren’t Buying EVs. They’re Buying Used Gas-Powered Cars Instead

As gas prices rise, people have started to look at EVs. So far this year, EV sales have dropped by more than 20% because the $7,500 federal tax credit has expired. And EVs still have problems with range and charging stations. Where are people going? People can buy gas-powered, high-mileage used cars for under $20,000. For some people, they partially solve the gas price problem, and the used car purchase problem.