The EV market declines 14% in January of 2023


📉 The EV market declines 14% in January of 2023. 

Automakers are struggling to keep up with the pandemic supply chain issues and lack of demand as subsidies and tax credits evaporate and dampen consumer sentiment. The United States is attempting to stifle the bleeding with the Inflation Reduction Act, but EV manufacturers are cutting price tags to lure potential customers.

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