Electric Vehicle Sales Up
This is a US news story, published by Verge, that relates primarily to JD Power news.
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EV salesVerge
•The EV evolution is going to take longer than we thought
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71% Informative
JD Power is projecting that 1.2 million EVs will be sold in the US by the end of 2024 , an increase over 1 million sold last year .
Automakers across the board are losing millions — some are losing billions — as customer demand appears to have flatlined after an initial burst of excitement.
A Trump victory in November could signal the end of generous tax breaks for manufacturers and consumers, which could slow things down even more.
Promising new EVs could just turn out to be vaporware.
The industry needs to slow it down with the six -figure, luxury pickups and SUVs and start offering more low-cost compact cars and sedans.
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