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Wall Street Journal (November 20)

2023/ 11/ 20 by jd in Global News

“America’s spendthrift relationship with electric vehicles has lost some spark. It will take new generations of products to rekindle the romance on tighter budgets…. Whether or not adoption of EVs in the U.S. is actually stalling—the jury is out—it is clearly weaker than manufacturers were anticipating.” Average prices of EVs fell to “about $52,000 in October, down from around $65,000 a year ago” with U.S. sales levelling out at “around the 100,000-a-month mark.”

 

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