The Decline of ICE Vehicles and the Rise of Electric Vehicles
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#15298797 ver:0.28
Tesla cuts prices for Model 3 and Model Y to boost demand amid declining sales and increased competition in China and global EV market. Tesla's stock has fallen over 40% this year, and sales have slumped. EV demand is also decreasing in the US due to affordability, charging concerns, and limited knowledge. The decline in ICE vehicle sales indicates a shift towards EVs, with peak ICE vehicle fleet expected in the next decade. #Tesla #EVs #electricvehicles #EVdemand #ICEvehicles...
#newstr #Icevs #Evs #VehicleSales #PeakIcevFleet #AverageLifespan #EvMarketShare
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