In 2023, EV sales grew nearly 50 percent, according to data from Motor Intelligence, a vehicle sales data provider in the US. In the first six months of this year, growth increased by just 6.8 percent as consumer interest wane...
In theory, the US should have reached the takeoff point for EVs. Analysis shows that EVs tend to accelerate somewhere around 5% to 8% of sales, after which the steep part of the consumer adoption ‘S-curve’ hits and everything changes. But there are problems with assuming this will happe...
The combined sale of light-duty hybrid, plug-in hybrid and battery electric vehicles climbed to 16.3% of all new light-duty vehicles sold in the US in 2023 with more models options available and prices falling, the US Energy Information Administration announced Jan. 31. Sales increased 3.4 per...
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Model Y sales accounted for a 35.4% share of the entire US EV market in Q1, followed by Model 3 with 11.3%. In third place was theFord Mustang Mach-E, which sold 9,589 vehicles and gained a 3.5% share. That’s up 77.3% compared to its Q1 2023 numbers. It’s followed by the ...
Weakness in fleet deliveries and electric vehicle (EV) demand led General Motors' first-quarter U.S. sales to fall 1.5% from a year ago.
Battery electric vehicles will account for more than 50% of total sales in China by the end of this decade – two years faster than previous forecasts
In 2023, EV sales grew nearly 50 percent, according to data from Motor Intelligence, a vehicle sales data provider in the US. In the first six months of this year, growth increased by just 6.8 percent as consumer interest waned. Richard, who declined to give his surname, is a buyer for...
a record and up from 6.1% a year ago and 7.2% in Q2. As Cox Automotive has been reporting, higher inventory levels, more product availability, and downward pricing pressure have helped spur continued linear growth of EV sales in the U.S. market. EV sales have now increased for 13 straig...
Kia EV6 sales in the US – March 2023 So far this year, over 2,390 Kia EV6 have been sold in the US (down 36 percent year-over-year), which is also 1.8 percent of Kia's total volume. For reference,during the 12 months of 2022, Kia sold a total of 20,498 EV6 in the USan...