Latest / Los Angeles News Today | 2 Min News | THE DAILY NOW!
EV Sales Drop to Lowest Point Since 2022 | Los Angeles News
New electric vehicle sales have reached their lowest point since 2022, primarily due to last year's reduction in tax credits, which has discouraged new buyers. Additionally, market fluctuations and ongoing supply chain issues are complicating the landscape. The rise of the used EV market is also influencing consumer choices, with many opting for pre-owned models instead. As the EV industry faces these challenges, it remains to be seen how manufacturers will adapt to revive sales and meet www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.