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U.S. EV adoption is happening faster than anticipated

Teslarati

The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. And even if you were ready to purchase one, and if you could afford it … they’re still too high,” Hollis said. “First, it’s what are the projections for battery prices?

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. GM announced in an investors call that it was pushing back its target of making 400,000 EVs in North America by the end of 2023 into mid-2024.

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