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As Biden winds down his first term, he and his administration are introducing a slew of new electric vehicle (EV) policies to make the market more accessible and, possibly, reinvigorate slumping sales as car buyers increasingly cycle back toward conventional car offerings. Last year, EV sales dropped more than 70% as consumers considered their high pricing, relatively limited range and fairly slow charging times compared to the environmental impact and “cool” factor of driving something like a Cybertruck.
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