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EV inventories hit record high in US as cars pile up on dealer lots

Day supply reaches 114 days

Bloomberg News

Electric vehicle inventories on US dealer lots reached a new high in December, with a 114-day supply that was more than double what it was a year ago. The nearly four-month inventory of EVs is up from a 53-day supply a year ago and compares to 71-days worth of inventory for the overall auto industry, […]

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