CleanTechnica•4 months ago
Yup, Kia EV Sales Drop More Than 50% In December
- •Kia EV sales plummeted over 50% in December, following a surge in Q3 driven by the impending expiration of the $7,500 US EV tax credit.
- •The sharp decline underscores the immediate and significant impact of policy changes and consumer incentives on EV market demand.
- •This volatility in EV adoption rates could affect long-term electricity demand forecasts, influencing infrastructure planning for power developers and large power consumers.
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