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Leasing Data Proves the Only Thing Stopping Mass EV Adoption Is Price
Electric vehicle sales are growing in the US despite, even as that growth slows, with big incentives and cheap leases driving demand and lower prices.
According to the publication's data, leases made up 42.7 percent of EV sales as of July 2024 after starting a steady rise in early 2023. According to a recent iSeeCars study, Arkansas is the number two for growth over the last five years, with EVs accounting for 5.6 percent of the state's market share. Putting more EVs on the road, leased or bought, should only increase demand for a more extensive and reliable charging network.
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