US passenger electric vehicle* (EV) sales soared over 79% YoY in Q1 2023, according to the latest research from Counterpoint’sUSA Passenger Electric Vehicle Model Sales Tracker. This strong growth helped the US
Approximately 14 million electric car vehicles were sold across the world in 2023, in which it made up 18% of total car sales, up from 14% in 2022.
China EV sales increased by +36 % in 2023 y/y, EV sales in USA and Canada were +46 % higher than the year previous. EV sales outside the aforementioned markets increased by +81 %, albeit from a low base. In most countries the EV increases were accompanied by a strong recovery in ...
The regional growth pattern has shifted: China EV sales increased by +37 % in 2023 H1 y/y, compared to +82 % in 2022 vs 2021. Sales in Western and Central Europe were up +28 % in H1 compared to just +15 % in 2022. EV sales in USA and Canada are +50 % higher YTD June than...
1, 2023, and Dec. 31, 2032, and must claim the credit on their federal tax return. EV charging equipment must be installed in locations that meet the following census tract requirements: The census tract is not an urban area; A population census tract where the poverty rate is at least ...
Global battery installed capacity for passenger EVs grew by 44% YoY in 2023, according to Counterpoint’s latestGlobal EV Battery Tracker.A key driver was increased average battery capacity per vehicle coupled with continued growth of EV sales at 38% YoY in 2023. ...
However, due in part to vehicle launch delays caused by battery supply shortages and some recalls, the expansion of EV production and sales has been slow, and the ratio of BEVs to total sales has reached a plateau.From the second half of 2023, there have been a number of announcements ...
The IRS battery sourcing requirement "delay creates a window for a subset of vehicles like the Chevy Bolt EV and EUV and any Teslas with a price tag under $55,000...All the Bolt variants will qualify for the full $7500, and since GM lowered the price of the 2023 Bolts by around $...
For instance, Cox Automotive reported a 46% surge in EV sales in the United States in 2023 compared to 2022, accompanied by a 22% increase in charging stations nationwide, highlighting the growth in EV adoption and its impact on the EV connectors market.Leading companies in the EV connectors...
Ford Sales By Powertrain Type Type Jan 2024 Jan 2023 Diff. Electric Vehicles 4,674 5,247 -10.9% Hybrid Vehicles 11,157 7,816 +42.7% Internal Combustion 136,786 133,293 +2.6% Total vehicles 152,617 146,356 +4.3% Notably, the big swings were in the smaller parts of the market for ...