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Used EV Demand Declines
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Declining demand for used EVs affects new EV sales and the overall market, impacting automakers and leasing firms. Tesla's competition and lack of subsidies contribute to this decline.
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How might the decline in used EV demand impact the development and adoption of future EV technologies?
In what ways could the shift towards electric vehicles influence the automotive industry and related sectors?
What strategies can automakers and leasing firms employ to overcome the challenges posed by declining used EV demand?
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