The drop in demand for EVs in the US comes after international automakers bet big and invested billions of dollars over the past few years in EV fleets. In 2023, EV sales grew nearly 50 percent, according to data from Motor ...
EV sales by 2035EV adoption could spark global environmental crisis, researchers sayHertz kicks off EV race in rental, ride-hailing servicesGM overtakes Ford in US EV sales, still trails TeslaConsumers seeking tax credits now only have 14 EVs to choose fromEV battery joint ventures can ...
Record-Breaking EV Sales The US EV market has experienced a remarkable upswing, with consumers demonstrating a strong appetite for electric vehicles. Wards Intelligence and Cox Automotive Analysts report a surge in EV sales, with approximately 300,000 units sold between April and June 2024. It repr...
This year alone, Tesla announced a drop in sales; Ford pushed back its rollout of new EVs by two years and cut production; General Motors EV growth "has slowed," per the company; and Mercedes-Benz delayed its electrification goal.Daniel Weeks...
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...
EV) adoption. While other parts of the world are experiencing an EV slowdown, China remains on course for growth with battery electric vehicle (BEV) set to make up more than 50% of all sales by 2030 – two years faster than previously suggested by forecasts. Despite the current EV...
EV Uncertainty With just two months left in 2023, it’s a good time to take stock of where things stand on global electric-vehicle adoption. There’s plenty of good news. EVs are headed for over 14 million sales this year. That’s up 35% over last year’s total — yet another recor...
As EV Sales Continue To Rise, Tesla Remains Far Ahead Of Rivals As new EVs come to market, will Tesla's EV market share drop significantly in the US? Some people have noted that advertisements for new EVs are working to make the public more aware of the segment, and potentially increasi...
EV transitions accelerated in 2022, offering more consumer choice, but infrastructure fell behindTesla cutting new EV prices by up to 20% in the US and Europe Tesla’s second round of discounts aims to clear EV inventory Tesla races downmarket as GM halts Bolt EV output Tesla opens Super...
Thailand Leads Southeast Asia EV Market With 60% Share China EV Charging Points Soar 56% YoY in 2021; 42% CAGR Seen for 2022-2026 One in Two Cars Sold Will Have Electric Powertrain by 2030 ADAS Penetration Crosses 70% in US in H1 2022, Level 2 Share at 46.5% ...