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EV Market Trends
AUTO
The Proof Is in the Numbers: Global EV Sales Approaching 50% of New Car Sales
The newest International Energy Agency report shows that EV sales are still increasing in 2024, as EV sales approach 50% of all new car sales.
06/05/2024
No Comments
AUTO
U.S. EV Sales Boomed for Most Automakers in Q1 2024
EV sales growth slowed to 2.6% in Q1 2024 because of sluggish sales from Tesla, Nissan, GM, and VW. But other brands still sold exceptionally well.
06/02/2024
3 Comments
AUTO
Nissan EV Models Postponed, Shift to EV at Mississippi Factory Delayed
Nissan postponed a plan to build five new Nissan EVs at its Canton plant. Nissan currently offers two EVs: the Leaf and Ariya.
05/26/2024
One Comment
AUTO
Global EV Sales in 2024 Predicted to Increase by 21%, a Decrease From Prior Years
ABI Research predicted that global EV sales in 2024 will increase by 21% and increase by 19% in 2025, in its EV Market Slowdown report.
04/16/2024
One Comment
AUTO
Ford Hybrids Expanded While Its Next-Gen EVs Are Delayed
Ford hybrids reached an all-time high in Q1 2024 sales. The company announced delays in previous plans for its next-generation EV rollout.
04/13/2024
One Comment
AUTO
CarMax Car Brand Loyalty Survey Shows Growing Popularity of Electrified Vehicles
Two hybrids made the top 10 in a 2024 CarMax car brand loyalty study, with Tesla ranked fifth. No electrified vehicles had made the previous list.
04/09/2024
No Comments
AUTO
31 Countries Passed the 5% EV Tipping Point to Mass Adoption in Q4
The 5% EV tipping point happened in 31 countries in the fourth quarter of 2023, leading to mass EV adoption by mainstream car buyers around the globe.
04/05/2024
3 Comments
AUTO
Hyundai EV Cars to Lead Global Auto Industry with New $51B Investment
The Hyundai Kia Automotive Group said it will invest $51 billion over three years to ramp up production of its Hyundai EV cars.
04/02/2024
One Comment
AUTO
Used Electric Cars Are the Best Option for the Budget-Minded Consumer
Used electric cars can be great bargains, thanks to saving on gas and maintenance costs. Possible buyers just need to be more aware of this opportunity.
04/02/2024
One Comment
MYTHBUSTING
Navigating the EV Sales Slowdown: The Realities and Charting the Road Ahead
Despite an EV sales slowdown, excitement builds for new models and infrastructure upgrades, fueling continued growth amidst media skepticism.
03/25/2024
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