Running Out of Juice: Unsold Electric Cars Are Piling Up on Dealer Lots

Unsold electric cars are piling up on dealer lots as the auto industry cranks out more electric vehicles (EVs) than there are buyers in an attempt to compete with Tesla. Luxury brands in particular are struggling with high inventories of EVs that no one wants to buy. The growing discrepancy between electric car supply and demand suggests that while consumers may be showing more interest in EVs, they are still concerned about buying one due to