By Rob Sabo The expiration of a federal tax credit for new electric vehicles led to a sharp decline in sales of new EVs, but it’s been a boon to the used-EV market. Used electric vehicles at least three years old sold faster than any other type of powertrain in the third quarter, automobile research […]
Tag: Electric Vehicles (EV)
It refers to any vehicle that is propelled by one or more electric motors, typically powered by rechargeable batteries. EVs contrast with traditional vehicles that rely on internal combustion engines (ICEs) powered by gasoline or diesel.
