America’s EV Boom Suddenly Ends After 14 Months Of Growth
America’s EV Boom Suddenly Ends After 14 Months Of Growth
After 14 consecutive months of growth, America’s EV boom has abruptly stalled, with sales declining in May 2025 for the first time since early 2024. Industry experts cite rising interest rates, reduced tax incentives, and market saturation in early adopter segments as key reasons. Automakers are now under pressure to adjust pricing strategies and boost consumer confidence to revive momentum.
Credit to : The Electric Viking
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