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DETROIT — Automakers and investors are about to find out what the "natural demand" is for new all- electric vehicles in the U.S., starting this week.
Amid what's set to be a record year for EV sales , including a record for units sold in the third quarter, demand for EVs is expected to decline. That's because federal incentives of up to $7,500 to purchase a plug-in vehicle are getting discontinued after Tuesday.
Many automakers have relied on the incentives to boost consumer demand for EVs , which they've spent billions of dollars developing even as the vehicles remain largely unprofitable.
Industry analysts and executives have said they believe EV sales can continue to grow in the future, but that there will