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GM's Electric Vehicle Sales Fall Sharply Last Quarter
Original: GM’s Electric Vehicle Sales Fell Off A Cliff Last Quarter
General Motors saw a steep drop in electric vehicle sales over the past quarter, according to a report from Carscoops. The plunge raises questions about demand for the automaker's EV lineup despite its heavy investment in electric models, and adds to concerns across the US auto industry about slowing consumer appetite for electric cars amid pricing pressures and uncertain incentives.
Why now: The sharp sales decline challenges expectations that GM was becoming a leader in the EV market.
Evidence
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