The Impact of New EPA Rules on US EV Sales and Jobs.

1 min read
Source: Electrek.co
The Impact of New EPA Rules on US EV Sales and Jobs.
Photo: Electrek.co
TL;DR Summary

The new EPA rule could lead to EVs making up as much as 60% of new cars sold in the US in just seven years, impacting car dealerships, OEMs, and EVs sold by direct sales. While Tesla's price cuts initially boosted sales numbers, this method of price slashing to beat dealers is not sustainable in the long term. OEMs that prioritize EV adoption have seen greater success and brand loyalty than those that haven't. The EPA's proposed rules will open up the market in the US, providing dealerships with an opportunity to educate the public and increase EV sales.

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