Cox Automotive said in a July sales report that the rapid sales pace for electric vehicles in recent years will slow.
“EV sales records will continue to be set, and EV growth will continue to outpace overall industry growth, but the days of 75 percent year-over-year growth are in the rearview mirror,” Cox said. “The hard-growth days are ahead.”
In the short term, EVs remain more expensive than gasoline counterparts, and many buyers are still on the fence about the new…
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