I don’t recall special EV fear at that time. I recall insanely cheap gas prices in the summer of 2020 and a drastic reduction in commute demand. Once the excess oil was depleted and production hadn’t come back up to speed by like summer of 2021, gas prices shot up. I’m deep in a sub/urban mix, so that affects my experience, I’m sure. While all cars had their market value increase at that point, used EVs and Hybrids had an additional 50%+ markup, comparatively. I was shopping for them and ended up passing on the idea due to excess price. I vaguely remember prices being about $12k for ~2010 Priuses and $5k for 1st gen Leafs with deteoriated 50-mile batteries. I don’t recall Volt/Bolt prices and was already disinterested in Teslas.





Feels like they’re asking for a decapitation strike to catalyze the next phase