The EV industry entered a new more nuanced phase defined by realities and practical outcomes after a few years of grand visions, media hype, and bold investments.
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The world’s most subsidized and promoted vehicles in automotive history must now leave the safe space and go out on their own.
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With OEMs pulling back on EVs and the sunset of federal incentives, the EV market must pivot to a more practical and measured state.
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But most OEMs record low-volume sales, which means EV profitability remains a distant dream for nearly every automaker.
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The new prices offer another $7,500 incentive on Mullen ONE and THREE electric trucks, matching the federal incentive available through Sept. 30.
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Electric vehicle sales dipped in the second quarter, despite record incentives and a growing model lineup. The market braces for a federal tax credit phase-out that could skew sales trends.
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AF Webinar Highlights: The long-term savings of an electric vehicle fleet ties into a smart charging infrastructure that knows how to supply and store electric power at the right times and rates.
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CAR 2023: Consignors and auctions can expect better resales on used electric vehicles if they know how to make the most of incentives, credits, and rebates.
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The first wave of commercial electric trucks and vans are coming. Fleets looking to electrify first need to research and invest in charging infrastructure, understand the new technologies, and seek out adoption incentives.
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