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Will car dealerships be able to adapt to the age of electric cars fast enough?

Tesla vehicle drivers are familiar with completing most of the car-buying or leasing steps online. But according to new research from global business management consultants EY, not everyone is ready to ditch the car dealership experience. It’s a familiar car-buying experience, especially for those who haven’t yet switched to electric cars. But dealerships are going to have to adapt quickly to the changes brought by the arrival of electric cars, or they’ll be left behind.

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Dems propose new $12,500 electric car rebate, Tesla left with $4,500 disadvantage

Tesla EV sales

Democrats have proposed an updated electric car incentive program at the federal level, which would go through their $3.5 trillion social spending bill.

It would remove the limit on the number of vehicles and replace it with a timeline, introduce a higher payout up to $12,500 and make it point-of-sale, but there are also new restrictions that would put Tesla at a $4,500 disadvantage.

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The UK registered 125% more EVs in 2020 than 2019 – but it has a long way to go

UK electric vehicles

New data from the UK’s Driver and Vehicle Licensing Agency (DVLA) reflects which parts of the UK are adopting electric vehicles the quickest, and it’s not London or its southeastern suburbs. And while there’s been a big jump in just a year, the mountain Britain has to climb to reach its 2030 target is still high.

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