organisation

George Washington University

University in Washington, D.C.

Business · US electric vehicle sales slump despite high gas prices, analysis finds

A new analysis from George Washington University challenges the conventional explanation for a 16 percent drop in US electric vehicle sales this spring, a period when gasoline prices surged past $4 per gallon following US and Israeli strikes on Iran. Professor John Paul Helveston argues the decline was driven by a policy-induced manufacturing retreat, not a failure of consumer appetite for electric cars.

George Washington University | Zotpaper