Electric Car News U S Electric Vehicle Sales Reach Breakthrough Pace

US EV sales are on track for their first year-over-year drop since 2019

After years of incredible growth, U.S. EV sales are on track to fall slightly this year, the firm says. Preliminary data indicate that 230,000 electric cars will be sold in Q4 of 2025, a 46% drop from ... Read More

US Electric Vehicle Sales Hit a Record as Incentives Disappear

Americans bought 438,500 electric cars and trucks in the third quarter, as drivers raced to grab federal incentives before they expired Sept. 30. Those transactions, the highest number in a single ... Read More

U.S. Automakers Pull Back from Electric Vehicles

General Motors (GM) and Ford Motor are cutting billions in fixed costs, including laying off thousands of workers, and ... Read More

Tesla gets some good news from its Shanghai Gigafactory

The U.S. EV industry is at a crossroads. Electric vehicle sales were on a record-setting pace through the first nine months of the year. 2022: 800k 5.8%, market share Source: Cox Automotive However, ... 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

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

Ferrari's first electric car hits the streets in October 2026. What you need to know.

Ferrari's first-ever EV is years in the making. Ferrari is no stranger to hybrid and plug-in hybrid technology. The success of its first fully-electric model is important to Ferrari's future ... Read More