EV Momentum Slows as High Prices and Limited Charging Dampen Growth

EV sales growth is slowing in the US as consumers balk at high prices and automakers pull back investments.

Ford, GM, and Tesla cite high interest rates and economic concerns as headwinds for EV demand.

Pricing imbalance exists between EVs and gas cars, especially in hot compact SUV segment.

Lack of charging infrastructure remains a barrier to mass adoption.

Path to EV dominance will likely see periods of slower progress like now before inevitable shift.