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Despite a proliferation of new models, a survey of U.S. consumers finds only 40% believe most vehicles will be electric 10 years from now, a result AAA analysts say reveals a ‘lack of knowledge’ in how EVs perform in day-to-day driving conditions.
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U.S. sales of all-electric vehicles more than doubled in 2018, a year in which EV buyer and lessee loyalty increased to 55%.
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Shares of Tesla Inc. fell by 9% following an underwhelming first-quarter sales report, but executives say they have the demand and capital they need to meet their 2019 production goals.
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