Electric vehicle sales poised for rapid growth, despite Inflation Reduction Act limitations
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Sep 29
Electric vehicle sales are swiftly rising in the United States, and the recently passed Inflation Reduction Act, which offers subsidies to consumers, is expected to boost them even further. “Since I took office, electric vehicle sales have tripled,” President Biden recently boasted on Twitter. “Every electric vehicle sold is a win against climate change.” There were 70,871 electric vehicles — both fully electric and plug-in hybrids — sold in the United States in August, a 43% increase from Au...
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