No surprise. Like the article says, the tax credit ended for them. Anyone considering buying an electric car already rushed to get one before the credit ended.

No surprise. Like the article says, the tax credit ended for them. Anyone considering buying an electric car already rushed to get one before the credit ended. That overhang will be there for a while. Sales will probably modestly recover, but not to the point they were at with the credit in place for quite a while. Electric cars are expensive, and still have some unique limitations. Eventually they'll overtake ICE vehicles as those limitations are mitigated.