CleanTechnica•about 1 month ago
Hundreds of Thousands of Lightly Used Electric Cars About to Hit US Market
- •Hundreds of thousands of lightly used electric vehicles (EVs) are projected to enter the US market soon, significantly increasing EV availability.
- •This influx is primarily driven by the Inflation Reduction Act (IRA) of 2022, specifically its extended and upgraded federal EV tax credits, likely including provisions for used EVs.
- •The surge in affordable used EVs will accelerate overall EV adoption, leading to a substantial increase in electricity demand across the grid.
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