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Why Fewer People Are Buying Electric Vehicles

01 Nov 2023 | Abstracted from GoBankingRates

"... there has been a surprising downturn in EV sales recently. Here are some of the reasons behind this trend...Big-ticket items, like vehicles, are usually the first to see a decline...Hybrids, which combine a traditional combustion engine with an electric motor, offer a middle ground.

"Despite these challenges, it's essential to remember the automotive industry is in transition. The shift toward sustainable and green transport is inevitable."



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