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New-EV sales fall 11% in February as gas prices boost demand

24% of car shoppers looked at EVs or hybrids last week

Aidan Bush

While new-EV sales continued to slide at the end of February, rising gas prices led to more demand for used EVs. New-EV sales are “experiencing a bit of a hangover” from September 2025’s pull-ahead in sales before the EV tax credits expired, Jimmy Douglas, chief executive of used-EV marketplace Plug, told Auto Finance News. North […]

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