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EV Demand Faces Uncertainty After Incentive Expiration | JQJO

EV Demand Faces Uncertainty After Incentive Expiration

EV Demand Faces Uncertainty After Incentive Expiration

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U.S. electric vehicle sales are poised for a significant drop as federal incentives of up to $7,500 expire this week. Automakers and investors are now assessing the "natural demand" for EVs after years of reliance on these subsidies. While the industry anticipates a short-term "boom-and-bust" cycle, leaders remain optimistic about long-term growth, though some are already adjusting production and workforce plans. The end of the incentives marks a critical test for the EV market's independent viability.

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