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EV sales near 8% of US new vehicle market

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EV sales will reach 8.0% of the total U.S. new vehicle market this month, S&P Global Mobility has predicted. The market share of EVs won’t increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start…

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