Analytics

Electric Vehicle Sales Are Stumbling. Here’s Why

Bloomberg reports that governments are scaling back financial incentives for EV buyers, sales growth is stalling and the auto industry is having second thoughts about some of the investment plans.
Electric Vehicle Sales Are Stumbling. Here’s Why
With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its net zero climate goals unless people give up their gasoline and diesel cars. For many years, governments offered generous subsidies to encourage drivers to switch to electric vehicles. As prices fell and the technology improved, zero-emission cars went from... ...

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