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Home » Slowing EV sales growth prompts incentives, price cuts 

Slowing EV sales growth prompts incentives, price cuts 

Average price paid for an EV decreased 10.8% 

Amanda HarrisbyAmanda Harris
February 21, 2024
in Sales & Marketing
Reading Time: 5 mins read
0
ev charging

(Photo/Canva)

Slowing electric vehicle sales growth has spurred an uptick in EV incentives and continued price declines.  The industry hasn’t seen a reduction in the number of EVs sold, but the growth rate has slowed largely due to high prices, fintech Spring Free EV Chief Executive Sunil Paul told Auto Finance News.  “The entire market is […]

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