[gallery size="full" ids="251584,251585,251586,251587,251588,251589"]
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.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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].
