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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S., This is down from 111 days, the peak of 2023, which occurred in early July.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Others like Audi , Daimler and VW have stated they are now stopping the development of new internal combustion engines altogether. percent of auto sales today to some 20 to 25 percent of sales by 2030, not all competitors will be winners in a world soon to be awash in electric vehicles.