Key insights
- 
                  
                    1
                  
                  
Charging Infrastructure Concerns
One of the main reasons for the slowdown in EV sales is the lack of adequate charging infrastructure, which leads to range anxiety among potential buyers.
 - 
                  
                    2
                  
                  
Cost Barrier
The cost of electric vehicles remains a significant barrier to their widespread adoption, despite some reductions in price over the years.
 - 
                  
                    3
                  
                  
Hybrid Models Appeal
Hybrids and PHEVs offer a compromise for consumers looking for more eco-friendly options without the limitations of pure EVs.
 - 
                  
                    4
                  
                  
Automakers' Strategic Shifts
Companies like Ford and Tesla are modifying their approaches, with Ford focusing on a more diverse lineup and Tesla enhancing its charging network.