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America's 'In The Slow Lane' On EV Adoption Because It Has A Culture Problem, Study Says
31 Mar 2024 | Abstracted from Fortune
"China accounts for more than half of global BEV demand, while Europe accounts for 22% and the US just 12%."...the US faces a specific challenge in overcoming a culture of ICE dependence, driven largely by relatively low fuel prices and the preference among consumers for large vehicles...there is currently no strong financial incentive to encourage consumers to make the switch to electric."
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