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Electric Vehicle Industry Will Persist, Experts Say, Despite D.I.C. Funding Cuts

10 Mar 2025 | Abstracted from ABC 9

"Hybrid and battery-powered vehicles accounted for 19% of new vehicle sales by mid-2024, and electric-only vehicles were 7% of total new car sales...Electric vehicles made up a much larger share of luxury vehicle sales, with 33% of sales

Alan Taub "...called EVs a 'better vehicle' for their ability to operate with fewer parts, faster acceleration, a lower center of gravity, and for operating more quietly than ICE vehicles."



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