The Traderszone Network

Published in TZ Latest News 9 April, 2017 by The TZ Newswire Staff

Edmunds Predicts an EV Crash. Should Tesla Be Scared?

Edmunds has some potentially terrible news for the nascent market for electric vehicles. In a new report (link opens a PDF), industry analysts at the automotive researcher predict that the upcoming expiration of federal tax incentives could utterly destroy the EV market. In no uncertain terms, Edmunds predicts, “Without these credits, this market is likely to crash.” Ouch.

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