Electric Vehicle (EV) registrations in the US have experienced a significant downturn, plummeting by 25% in recent months. This decline comes as a surprise, especially considering the growing demand for eco-friendly vehicles and government incentives to encourage adoption. However, a recent rebound in EV sales has lifted the fortunes of several major automakers, including Toyota, Lexus, and Subaru, which saw their sales increase as consumers returned to the market. As the EV market continues to evolve, industry experts are left wondering what caused the initial drop and whether the rebound is a sign of a sustained recovery.
EV registrations plunge 25% before rebound lifts Toyota, Lexus, and Subaru Yahoo Finance
