Electric vehicle demand falls short of manufacturer and dealership expectations

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Electric vehicle sales have risen significantly over the years. That trend is expected to continue with the market on track to surpass 1 million sales for the first time ever this year. Those numbers, however, are not meeting the expectations of manufacturers, car dealers and President Biden. 

“Major auto companies are preparing for 50% of future sales to be electric vehicles by 2030, 100% by 2035,” Biden said during remarks on rising prices in June 2022. 

Now several companies…

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