In 2023, the demand for electric vehicles (EVs) saw a slowdown, primarily due to high interest rates and increased EV prices, which were exacerbated by inventory shortages stemming from supply chain issues like computer chip shortages. However, 2024 marks a turning point in this trend. According to Kelley Blue Book, nearly 600,000 EVs were sold in the United States in the first half of 2024, representing a 7.3% increase compared to the first half of 2023.