Electric Car News U S Electric Vehicle Sales Reach Breakthrough Pace
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What is the percentage of electric cars in the US?
2024, 9.2% of new car registrations were for electric vehicles, according to an Experian Automotive report. This is an increase of 1.2 percentage points from 2023. If we fly higher to a bird's eye ... Read More
EV Sales Surge Worldwide, But U.S. Demand Crashes After Tax Credit Ends
Global sales of electric and plug-in hybrid vehicles surged 23% in October reaching roughly 1.9 million units worldwide, according to data from market research firm Rho Motion, via Reuters. The ... Read More
A Year After the EV Panic—America’s EV Comeback: Why Drivers Are Finally Learning to Trust Electric Cars Again
Americans are warming back up to electric vehicles in a big way. A new ConsumerInsight 2025 EV Market Survey shows confidence in EVs jumping 18 points over the past year, bouncing back from the fear ... Read More
GM bets big on electric cars even as market slows
Electric vehicle sales in the U.S. trail other major car markets where General Motors does business, which was not expected to be the case when GM first planned its broad EV portfolio. Though the ... Read More
US car prices reach new high as luxury vehicle, EV sales surge nationwide
The average new vehicle transaction price in the U.S. reached a record high in September. The average new vehicle transaction price exceeded $50,000 for the first time after rising steadily for more ... Read More
U.S. electric vehicle subsidies expire, raising fears of global lag
Federal tax credits for electric vehicles expired on Sept. 30, ending a $7,500 subsidy that had made cleaner cars more accessible to American buyers for more than a decade. Introduced in 2008, the tax ... Read More
The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles. Read More
Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion
General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. By Neal E. Boudette The slowdown in electric car sales ... Read More
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