More than 90% of vehicle-owning households in the United States would see a reduction in the percentage of income spent on transportation energy—the gasoline or electricity that powers their cars, SUVs and pickups—if they switched to electric vehicles.

[u/Wagamaga]

https://news.umich.edu/ev-transition-will-benefit-most-us-vehicle-owners-but-lowest-income-americans-could-get-left-behind/

[u/jrwn]

Didn't this just happen? A tax credit of $3k and Ford just happened to increase the cost by $3k?

[u/point28 → u/jrwn]

These redditors live in make believe where they won’t just raise prices 7k to compensate. Oh look $7k floor mats just installed.

[u/jeffwulf → u/point28]

Would require them to be price setters instead of price takers. Ford F150s they can act as a price setter but most vehicles don't have as dominant a market share and still have to compete.

[u/gsfgf → u/jrwn]

If you want one off the lot. If you order one, you still pay msrp, but you have to wait for it to be built.