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Why major car manufacturers are slowing production of electric vehicles

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Last year was a record for electric vehicles in the U.S., with more than 1.2 million sold. That was 50 percent higher than in 2022, yet there are signs that demand for EV’s appears to be slowing and may not be quite as intense as either automakers or the Biden administration had expected. Jessica Caldwell of Edmunds.com joins Geoff Bennett to break down the reasons why.

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