Autoblog
EV buyers keep trading in gas cars despite higher prices
Executive Summary
Summary: EV trade-in rates among car buyers have surged from 67.1% in January to 72.1% in April, despite higher prices and removal of federal tax incentives. Rising petrol costs and lower running expenses are driving consumers towards electric vehicles, though sustained momentum depends on fuel price trends.
Brands mentioned: None
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EV buyers keep trading in gas cars despite higher prices
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