In Wheel Time - Cartalk Radio

The electric vehicle revolution may be hitting a roadblock. Auto expert Jack Nerad joins us to unpack why we might have already reached "peak EV" in the American market. With gas prices low in most states and consumer interest waning, Nerad explains why the billions invested by certain automakers in all-electric futures may have been premature.Diving into the recent Senate vote to block California's 2035 gas vehicle ban, we examine how this regulatory shift could reshape automotive manufacturing priorities across the industry. The conversation highlights how Toyota and Honda, once criticized for "dragging their feet" on electrification, may have been following the smarter strategy all along.Beyond the EV discussion, we tackle the affordability crisis sweeping through the automotive market. With average new car prices hovering around $49,000 and the annual cost of vehicle ownership exceeding $12,000, many Americans find themselves priced out of new car purchases entirely. Nerad shares