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U.S. EV owners face unexpected, added long-term costs

Last year, the U.S. government allowed the $7,500 tax credit for new electric vehicles and the $4,000 credit for used ones to expire at the end of September, leading to an inflated buying rush through the first three quarters of the year, followed by a dramatic drop-off in the final quarter. U.S. EV market share fell to 5.7% in the…

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