Electric car sales slump as misinformation holds back potential buyers

Quick Summary:

Electric car sales have slumped.

The latest data reveal a sharp 27.2 per cent year-on-year decline (overall new vehicle sales were down 9.7 per cent) in September.

The full environmental benefits of electric vehicles depend on widespread adoption.

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Category: BusinessFinance

Markets: IndiaAustraliaChinaSouth KoreaUnited States

Topics: Hadi Ghaderi Swinburne University of Technology Plug-in hybrid Oil Car buyers Queensland Software updates TESLA South Wales Swinburne University of Technology Sydeny Battery electric vehicle Electric vehicle conversion South Korean government Inc. Green energy initiatives Underground car parks Car sales New South Wales Victoria Plug-in electric vehicles in the United States Electric car use by country Electric vehicles Sustainable technologies Higher luxury car tax threshold EV technology Tesla Electric vehicle Milad Haghani Government incentives for plug-in electric vehicles Europe South Australia Electric car

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 10:29:12 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 971 words

Reading Time: 6 minutes read

Sentences: 67 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23082659

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Official Website: business-standard.com

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