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But things could worsen for the growth and pace of EV sales.
While many have taken advantage of the tax incentive, it might not be around much longer.
President Donald Trump has indicated that he wants to eliminate the credit.
Plus, car insurance on EVs is much higher.
But should you buy one this year?
However, it saw a sharper 17% drop year over year.
Plus, it costs $4,362 in annual insurance, per Insurify.
This vehicle costs around $3,595 a year to insure, per Insurify.
The Ioniq 5 delivers terrific value for buyers focused on cutting-edge technology and efficiency, Dillan said.
Because this model is newer, potential EV buyers are still uncertain.
This could create a potentially volatile resale market until production settles for those attracted to its audacious concept.
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