Nelson Mullins Riley & Scarborough LLP, a full-service national law firm with offices from coast to coast, announces today the opening of an office in Houston, Texas with the addition of 10 litigation and corporate attorneys.
Despite attractive tax credits available to owners of new and used electric vehicles (EVs) and a heavy push from the federal government to have EVs account for at least 50% of new car sales.
U.S. new light-vehicle sales volumes in April reached 1.36 million units comparable to pre pandemic. Gen Z’s current disinterest in vehicle ownership could be short-lived. Increased production of electric vehicles may provide opportunities to large Tier 1 suppliers.
EVs are facing a problem right now relating primarily to the fact that the auto industry is diving headfirst into the electric car space, and it is having an effect on EV pricing.