Electric cars represent the future due to their efficiency and cleanliness. However, obstacles persist in transitioning to this future. In 2025, there are new models and improving charging infrastructure alongside challenges like tariffs and ending EV tax credits. Modest sales growth was seen early in the year, but the situation worsened in Q2. While General Motors significantly increased electric sales, Tesla's performance declined. Experts emphasize the importance of affordability in electric vehicle adoption, noting that price parity with internal combustion vehicles is essential for widespread consumer acceptance.
"We need vehicles that are affordable that have that price parity with their ICE counterpart. Once we have more options like that, I think that's going to be the game changer."
"Just look at how 2025 has gone so far. We've got flashy new models on the market and charging infrastructure improving at a rapid clip, but also tariffs slamming the entire auto industry and EV tax credits ending soon."
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