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EV sales growth is slowing in 2026, sparking fears of an 'EV winter' due to plateauing demand and market saturation.
Electric vehicle sales growth is slowing in 2026, leading some analysts to predict an 'EV winter' as demand plateaus and market saturation sets in. Automakers are adjusting production plans and scaling back investments amid weaker consumer interest, rising battery costs, and limited charging infrastructure. While long-term adoption remains expected, the near-term outlook shows a sharp slowdown compared to previous years.
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