Consumer Demand for Electric Vehicles Declines in the US
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#15298797 ver:0.27

Consumer demand for electric vehicles (EVs) is declining in the US, leading Tesla to implement significant price cuts for its Model 3 and Model Y. The drop in demand is attributed to increased competition from local EV manufacturers in China and a decrease in government subsidies. Tesla's stock has declined over 40% this year, and sales have slumped. The J.D. Power study shows that obstacles to EV adoption include affordability, charging concerns, and a lack of knowledge. The decline in EV sales poses a challenge to meeting climate targets. #EVs #Tesla #electricvehicles #climatechange...

#newstr #ElectricVehicles #ConsumerDemand #EvMarket #JdPower #Obstacles #ChargingStations #FuelPrices #Inflation #InterestRates #ModelAvailability #GenerationZ #Millennials #Automakers #AutoStocks #Tesla #ToyotaMotor #Ferrari #GeneralMotors #Stellantis #HondaMotor 

 https://here.news/story/15298797?ver=0.27