November Vehicle Sales Show EV Collapse, Hybrid Surge After Tax Credit Expiration
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
November vehicle sales are reported to have declined, with a notable drop in electric vehicle sales, while hybrid sales have increased. The extent of the decline in new electric vehicle sales is unclear, with some reports indicating a significant decrease, but used electric vehicle sales may be surging. The overall new-vehicle sales market is expected to decline, although there are conflicting reports on the performance of electric vehicles in different regions, such as Europe where they may be contributing to rising sales.
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