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Axios
Axios
Business

Most electric car buyers don't switch back to gas

Tesla Inc. Tom Libby SP Global Mobility United States Axios

People who buy electric vehicles (EVs) really like them, according to U.S. vehicle registration data, which shows most EV owners tend to buy an EV for their next car, too.

Why it matters: The data reveals a growing embrace of electric cars as automakers and the federal government pour billions of dollars into EV and battery production.

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