Tag: Cut
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Electric Vehicle Sales Plunge Despite Demands for a VAT Cut: A Detailed Look
The market for electric vehicles (EVs) has faced a perplexing obstacle recently as sales seem to have plateaued. Manufacturers are requesting a decrease in Value Added Tax (VAT) in order to spark consumer interest and advance the electric vehicle market in response to this unanticipated stall. This article examines the situation of electric vehicle sales…