Biden Bans 53% of Americans From Buying Cars – Will Need $80k Income to Get an EV Loan

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Biden Bans 53% of Americans From Buying Cars – Will Need $80k Income to Get an EV Loan
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Even the cheapest electric cars, which are still far more expensive than their real car counterparts and are just one battery problem away from turning into mostly unusable junk, are out of the price range of the majority of Americans who need an income of $80,000 to make an EV auto loan work. That’s fine in Washington D.C. where the median income of $83,567 is the highest in the nation, but will entirely price much of the country out of the new car market.

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