Despite increasing mandates from various state governments to produce and purchase more electric vehicles, many of the new cars are simply sitting on the dealers’ lots as consumers refuse to buy them.
According to Axios, research from Cox Automotive has highlighted the struggles that electric vehicle (EV) producers face as customers are reluctant to make the switch from gas-powered vehicles to electric. Cox carried out a midyear industry review which was presented to journalists and stakeholders, showcasing the uneasy future for EV manufacturers.
Read More