I’ve been covering the New York Auto Show for the past couple of years now, but this year’s event uncovered a trend I haven’t seen previously. What stood out the most to me was the staggering amount of electric cars on the showroom floor, which is surprising given how many argued that the EV revolution has stalled.
For example, Ford’s decision to discontinue the F-150 Lightning showed how car shoppers aren’t interested in an electric version of the car maker’s popular pickup truck. Part of the reason why EV sales have stalled are two fold: they’re way more expensive than the average ICE (Internal Combustible Engine) vehicle and that the federal EV tax credit expired late last year.
