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EV Markets Feel the Impact of War

Russia’s invasion of Ukraine will affect adoption of plug-ins and EVs.

A Ford dealership in Richmond, California, U.S., Jan. 26, 2022.

A Ford dealership in Richmond, California, U.S., Jan. 26, 2022.

Photographer: David Paul Morris/Bloomberg
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We are fielding a lot of questions these days at BloombergNEF about what impact Russia’s invasion of Ukraine will have on electric vehicle adoption. The short answer is that it’s complicated.