5 Reasons Why Electric Vehicle Sales Have Slowed

Why are consumers less-than-hot on EVs today, following a significant boost in sales in 2021? Here are five reasons why consumers are cooling off in 2023.

Electric vehicles and hybrids make up 16% of U.S. light-duty vehicle sales - U.S. Energy Information Administration (EIA)

As EV sales slow, some drivers could buy one for as little as $10,000 this year

US: Plug-in Cars Sales Approached 5% Market Share (Q4 2021)

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Canalys Newsroom - Global EV market grew 55% in 2022 with 59% of EVs sold in Mainland China

EV sales are about to slow down, Cox Automotive says. Here's why.

My Theory Of Why Electric Vehicle Demand Is 'Dropping' Suddenly - The Autopian

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Electric cars are breaking sales records, but here's why they're not replacing gas cars anytime soon