white car charging
Photo by Rathaphon Nanthapreecha on Pexels.com

The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues.

Automakers in recent weeks have pushed back EV sales targets and delayed capital projects as they seek to reduce inventories of unsold EVs at dealerships.

"The slowdown in EV sales is much more pronounced than it is for other categories of vehicles and that isn't related to the economy," said Neil Saunders, managing director of GlobalData.

"The EV has a problem attached to it," he said. "It's a much more difficult and complex purchase because of the range of the vehicles and the charging infrastructure."

Register to read the full article.

Register for free for:

  • Access to ten free articles per month
  • Our weekly roundup of top stories
  • Monthly newsletters on topics of your choice

Subscribe for:

  • Unlimited article access each month
  • Crosswords and puzzles on Canadian holidays
  • Full newsletter access