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What we do know is that ev sales have taken a dive "A record 1.2 million U.S. vehicle buyers chose to go electric last year, according to estimates from Kelley
by ern 2y ago
What we do know is that ev sales have taken a dive
"A record 1.2 million U.S. vehicle buyers chose to go electric last year, according to estimates from Kelley Blue Book, a Cox Automotive company. More specifically, 1,189,051 new electric vehicles (EVs) were put into service as the slow shift to an electrified future continued unabated. In 2023, the EV share of the total U.S. vehicle market was 7.6%, according to Kelley Blue Book estimates. That is up from 5.9% in 2022.
EV sales in the fourth quarter set a record for both volume and share: 317,168 and 8.1%, respectively. And while records were set, the oft-reported slowdown is real. Q4 EV sales increased year over year by 40% – a strong result by any measure, except when compared to the growth the industry saw in previous quarters. The market posted a 49% gain in Q3, and EV sales were up 52% year over year in Q4 2022. By volume, EV sales in Q4 were higher than in Q3 by roughly 5,000 units. The EV market in the U.S. is still growing, but not growing as fast."
https://www.coxautoinc.com/market-insights/q4-2023-ev-sales/ https://www.coxautoinc.com/market-insights/q4-2023-ev-sales/