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Tesla’s slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids.

No, electric vehicle sales aren’t dropping. Here’s what’s really going on::Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, arguably a step back from EVs.

  • @[email protected]English
    1•4 months ago

    Tax rates in general are higher there, and not all taxation scales with population (corporate tax, for instance). It also depends on how the government allocates the money it spends—Norway doesn’t have the US’s ridiculously inflated military budget.