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GM’s Q2 2024 sales hit a record high, driven by a 40% surge in EV sales and strong truck performance, despite ongoing challenges with SUV sales.
Polestar reports 80% Q2 delivery growth, new production sites, leadership changes, and expansion into new markets, highlighting strong momentum.
Lucid Motors set a new Q2 delivery record with 2,394 EVs, boosted by price cuts and production gains. The stock soared 9% on the news.
Rivian surpasses Q2 2024 delivery forecasts, plans updates for 2025 R1S/R1T models, and partners with Volkswagen in a $5B venture.
Tesla’s Q2 2024 production and deliveries dropped with rising competition, reducing market share and reliance on Model 3 and Model Y.
Hyundai’s IONIQ 5 and IONIQ 6 set new sales records in Q2, driving a 51% and 8% increase, respectively, highlighting strong growth in EV and green sales.
Toyota Motor North America EV sales soared 67.9% in Q2 2024, with EVs making up 38.3% of total sales volume, an all-time best-ever.
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.
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.
As of April 2024, used EV prices keep dropping, a great deal for used car shoppers. Recurrent offers a Range Score Report measuring used battery range.
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