Electric vehicle (EV) prices in the US are set to increase as manufacturers reduce incentives and promotions. Following a surge in demand and supply chain disruptions, automakers are shifting their strategies to balance production and revenue. As a result, discounts and rebates that had been offered to attract buyers are dwindling, leading to a price hike for consumers. This development may impact the overall affordability and competitiveness of EVs in the US market, potentially affecting sales and market share for manufacturers.
US EV prices are going back up as discounts shrink Electrek
