Automakers betting on new EVs — despite sales downturn: ‘Market is going to come back’

Automakers betting on new EVs — despite sales downturn: ‘Market is going to come back’

Major automakers unveiled new electric vehicles at the New York Auto Show on Wednesday, despite lagging consumer demand and a sharp downturn in sales after Washington eliminated a $7,500 EV tax credit. Kia said it would begin selling its lower-priced EV3 in the United States later this year, while Subaru offered a new three-row EV named … Read more