It's Official -- The Fad Is Over -- Remove The Incentives And Sales Plummet -- April 19, 2024

Locator: 47043EVS.

In the big scheme of things, the incentives for EVs were nothing more than the government giving the wealthy huge tax breaks to buy luxury automobiles. One exception: Norway. The Norwegian government eliminated the 25% VAT tax on EVS up to a max of around $50,000 value for the EV.

The Detroit News, link here.