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The Rise of Electric Vehicles: Unveiling the Reasons Behind Record Highs

11 Nov 2023 | Abstracted from NASDAQ

"In the second quarter of 2023, U.S. consumers bought nearly 300,000 new battery-electric vehicles (BEVs), marking a new record. This figure represents a more than 48% increase compared to the previous year and exceeds the total number of EVs sold in all of 2019.

"With environmental concerns at the forefront and more affordable and technologically advanced electric vehicles available, the future of the EV market looks promising."

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