The most recent electric vehicles sales data provided a grim picture — at least for new EVs. Sales of new electric vehicles took a beating in the first quarter, falling some 28% year-over-year after the Trump administration axed the $7,500 consumer tax credit, according to Cox Automotive.
Used EVs are moving in the opposite direction. And a couple of accelerants have combined to supercharge those sales.
Originally reported by TechCrunch
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