A Volkswagen ID.4 electric vehicle charges at a shopping mall parking lot in Torrance, Calif., on Feb. 23, 2024. Patrick T. Fallon/AFP via Getty Images
Sales of new electric vehicles (EVs) trended sharply lower in February versus the prior year, but a wave of new EV launches scheduled for 2026—and painful prices at the gas pump—could spur increased demand for electric automobiles, according to a new report.
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