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International Business Times
International Business Times
World
Carla St. Louis

EV Sales Slow As Consumers Grow Weary Over High Costs, Charging Needs

A Tesla electric vehicle charges at a Tesla Supercharger location in Santa Monica, California on May 15, 2024. (Credit: PATRICK T. FALLON/AFP via Getty Images)

While China's electric vehicle (EV) market booms, driven by government subsidies, the EV industry in the United States and Europe continues to decline.

When it comes to EVs, American and European consumers are concerned about the high costs, charging infrastructure, range anxiety and confusing charging payments, reported the Associated Press.

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