Auto Industry Warns Against Unsustainable EV Discounts Amid Declining Private Sales

Electric Vehicle Sales Decline Despite Discounts

Car manufacturers are facing a challenging situation as private sales of electric vehicles continue to drop, despite offering lucrative discounts to attract buyers. The decline in demand raises questions about the long-term sustainability of current pricing strategies.

Government Stance on EV Incentives

The government has maintained its stance against providing additional support, such as incentives or subsidies, to promote the adoption of electric vehicles. This lack of intervention has further complicated the industry's efforts to stimulate sales.