EV sales are way down. Here's why that might not be a big deal.

Electric vehicle sales have cratered.

Across the country, dealers sold about 20 percent fewer used electric cars in October than in September and saw a staggering 50 percent drop for new ones, according to the latest data. No one was surprised. Congress voted in July to end the federal tax credits that helped consumers afford them on September 30, years before they were supposed to expire. That led to a rush of purchases before the deadline and a precipitous drop afterward. Your support powers solutions-focused climate reporting — keeping it free for everyone. All donations DOUBLED for a limited time. Give now in under 45 seconds.

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