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Electric Cars Are Breaking Sales Records, But Here's Why They're Not Replacing Gas Cars Anytime Soon

21 Aug 2023 | Abstracted from CNN

Roughly 295,000 EVs were sold between April and June 2023 - a new record. Not only is that more than 48% higher than last year, it’s more EVs than were sold in all of 2019.

"Experts say EV sales are being propelled by a number of compounding factors, such as price cuts, a wider variety of available vehicles and more government and manufacturing investments...going electric still means paying a premium over the average gas-powered model."



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