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President Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales. Americans are poised to buy one million electric cars and ...
Sure, sales of EVs keep going up — a record 300,000 cars sold in the US in the third quarter of 2023 were electric — but the pace of adoption has markedly slowed, and analysts have suggested ...
The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
Electric vehicles account for less than 1% of the 250 million vehicles, SUVs, and light-duty trucks sold in the United States. Because only around 17 million new cars are being built each year, ...
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