Following the demise of the $7,500 federal tax credit for EVs, sales of electric models are expected to plummet during the end of the year and remain sluggish, Neal Boudette of The New York Times reports. In preparation, automakers are slowing production of EVs, delaying or scrapping new models, and shifting resources into gas and hybrid vehicles. Companies in the space include Tesla (TSLA), Rivian (RIVN), General Motors (GM), Ford (F), and Lucid (LCID).
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