across the United States. Unsold EVs are a big contributor to rising inventory levels.
At the end of June, it is estimated that exactly 1,953,512 vehicles were sitting unsold at dealerships. By using the sales rate from the preceding 30-day period, Cox Automotive says this equates to a 53-day supply. That is a 75% increase from the same period a year ago and also represents an increase from the 1,928,619 new vehicles that were sitting on dealership lots at the end of May.understands that there is currently a 103-day supply of unsold EVs in the United States.
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