New electric vehicle sales declined by 28% following the expiration of tax credits in September. Meanwhile, sales of used electric vehicles are rising significantly, indicating sustained consumer interest in electrification despite the drop in new EV purchases.
Electric VehiclesTechnical Deep Dive
New EV Sales Fall 28% After Tax Credit Ends, Used EV Market Surges
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EElectricBuzz Editorial Team
1 min read37 wordsElectricBuzz Editorial Team
The Gist
“New electric vehicle sales dropped 28% after tax credits ended in September, while the used EV market sees strong growth.”
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