EV Sales Growth Slows as High Prices and Limited Charging Hamper Wider Adoption
- Automakers ramped up EV production but demand is not meeting expectations.
- EV sales growth is slowing after a long period of rapid expansion.
- High prices and limited charging access are barriers for mass adoption.
- Automakers may have pushed the transition too fast before conditions were ready.
- Reaching EV price parity with gas cars will take years, especially in mass market.