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Despite everything, US EV sales are up 28% this year

U.S. Electric vehicle sales increased by 28% compared to last year, according to Rho Motion data manager Charles Lester.
J.D. Power confirmed that the Inflation Reduction Act spurred more EV sales through tax credits, with more than half of buyers citing credits as influential.
Concerns exist in the industry that potential changes from the Trump administration and congressional Republicans could weaken EV subsidies, which may affect future sales.
Sales of battery electric vehicles reached a 9.1% market share in 2024, up from 8.4% in 2023, according to J.D. Power.

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Stuff

Lean Left

Tesla sales might be down, but global EV sales are on the rise

“Much of the growth continues to come from China, which [is] seeing a pure electric renaissance this year.”

15 days ago·New Zealand

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Inside EVs

Lean Left

America’s EV Sales Are Climbing Despite The Chaos

North America’s EV sales grew in the Jan-Feb period despite regulatory headwinds and U.S. hostility towards its neighbors.

16 days ago

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Clean Technica

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Shocker: Democrats' Inflation Reduction Act Led To A Lot More EV Sales - CleanTechnica

Democrats and President Joe Biden revived the US EV tax credit for some companies, like Tesla, and expanded it to include coverage for things not covered before — like used electric cars. One change in particular, though, was especially useful. A loophole was included (accidentally, from background info I’ve been ... [continued] The post Shocker: Democrats’ Inflation Reduction Act Led To A Lot More EV Sales appeared first on CleanTechnica.

16 days ago

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Mashable

Left

EV sales up 30 percent this year despite Tesla woes

Electric vehicles (EVs) have had a weird year so far. Thanks to Elon Musk, Tesla fell from grace. As the brand synonymous with EVs, that would seem to indicate that EVs are in trouble. As it turns out, nothing could be further from the truth.Ars Technica, citing analysts at Rho Motion, reported that global EV sales had jumped up 30 percent compared to this time last year. Even in the U.S., sales were reportedly up 28 percent compared with this p…

17 days ago·United States

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