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Subsidy Withdrawal Exposes Real Situation: Why is the US Backtracking Amid Global Electrification Surge?
1 day ago /
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Author：小编
On September 30th of the previous year, federal subsidies for electric vehicles in the US, which had provided up to $7,500 in support and had been instrumental in fostering the growth of the US electric vehicle sector over the past few years, came to an end. The market reacted promptly following the elimination of these subsidies. According to data from Cox Automotive, electric vehicle sales throughout the US witnessed a sharp decline of over 40% year-on-year in November of the same year.
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