Price Cuts Could Stoke EV Sales in 2024
December 28, 2023 at 08:30 AM EST
The electric vehicle (EV) industry is maturing. Part of that maturation process is following some of the playbook laid out by the traditional automotive industry. That includes deploying price cuts and incentives as customer acquisition tools. There’s a balancing act between price cuts and profitability — something many EV makers excluding BYD and Tesla have [...] The post Price Cuts Could Stoke EV Sales in 2024 appeared first on ETF Trends .