The healthy supply of EVs may not seem as alarming considering that the industry average is a 70-day supply during “normal times,” per Axios, but ICE-equipped vehicles currently sit at a 54-day supply. And hybrids are having a particularly good year, with supply down to 44 days. Plug-in and traditional hybrids from Toyota are making the best of 2023, with current supply for the Prius and RAV4 sitting at under 30 days each. Axios claims that this reaffirms Toyota’s argument that car buyers need a “stepping stone” from ICE to EVs.
I’m in the US, and I really want to buy an EV. Do I not count? I’ve had 2 EVs in the past and plan to get one for my next car, but I currently have an old used truck while I’m doing house construction and mostly working from home.