EV sales cool in October as federal tax credits expire, prices rise, and the market shifts to sustainable, long-term growth.
October's 6.7% drop followed a spike in late summer before subsidies expired. Autodata and Wards Intelligence reported that ...
Even industry leader BYD isn’t immune to slowing EV demand. Here’s what’s driving the sales slump and what it means for the ...
Sales of U.S. light vehicles fell in October as the expiration of federal government subsidies undercut demand for ...
J.D. Power predicts a 60% EV sales drop in October from September levels. Decline follows expiration of federal tax credits ...
Tesla's sales volume in Germany more than halved in October from the same month last year, the German road traffic agency KBA ...
In October, Subaru managed to sell only 13 units of the Solterra. That’s compared to 1,078 a year ago in the same month, ...
The loss of tax incentives likely will lead to a short-term dip. But the industry is expected to rebound by 2030.
Honda Motor slashed its full-year profit forecast by 21% on Friday, hurt by one-time electric vehicle costs, worsening sales ...
CEO Jim Farley has forecasted U.S. EV sales will halve as a result of the lost up-to $7,500 federal tax credit.
The Oregon Department of Environmental Quality will suspend its “charge ahead” rebate for electric vehicle purchases next ...
Peak petrol car sales appears to have arrived, but the slow rate of change to EVs is putting the nation’s climate targets at risk.