Aug 12 2023
The U.S. electric vehicle (EV) market's steady growth hit a roadblock in June as the EV market share remained stagnant at 7.1%. This halt comes as traditional gasoline-powered automobiles make a surprising return, posing challenges to the EV industry's momentum. Despite widespread efforts to promote sustainable transportation and reduce carbon emissions, the resurgent popularity of gas cars has raised questions about the future trajectory of the automotive landscape.