Surging Electric Vehicle Demand Causing States to Pump the Brakes on EV Incentives

21 Apr 2023 | Abstracted from Electrek

"...The overwhelming demand is causing some states to temporarily pause EV incentives designed to promote adoption...The overwhelming demand is causing some states to temporarily pause EV incentives designed to promote adoption...total US auto sales fell 8% year-over-year (YoY) from 2021, but EV sales climbed 65%, passing 800,000 in volume for the first time...New Jersey has become the latest state to temporarily suspend its rebate program..."

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