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 ...
Tesla's sales volume in Germany more than halved in October from the same month last year, the German road traffic agency KBA ...
Following losses and a fire at an aluminum supplier, the battery-powered Ford F-150 Lightning might be getting axed soon ...
J.D. Power predicts a 60% EV sales drop in October from September levels. Decline follows expiration of federal tax credits ...
The loss of tax incentives likely will lead to a short-term dip. But the industry is expected to rebound by 2030.
CEO Jim Farley has forecasted U.S. EV sales will halve as a result of the lost up-to $7,500 federal tax credit.
China accounted for about 1.3 million units, while North America also hit a record as U.S. buyers moved to secure incentives ...
Honda Motor slashed its full-year profit forecast by 21% on Friday, hurt by one-time electric vehicle costs, worsening sales ...
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