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As the door closed on 2023, and both state and federal-level tax incentives for buying electric vehicles began to expire, many auto-industry watchers suggested that electronic-vehicle sales would subside in turn.

It wasn't just fewer tax incentives that caused EV sales worries. Consumers also have voiced concerns about how far these vehicles can travel between charges, a worry that's sometimes referred to as "range anxiety." Also, there remains a dearth of public charging stations, and some particular electric vehicles (pickup trucks, for instance) have struggled with ongoing battery performance problems.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].