EV Sales are in the toilet in the USA, EU and Canada.
Numbers reported by Yahoo confirm it. (I have no position on EVs) I myself am surprised. EVs dont even make up 1% of the cars on US roads, but more shocking to me is the EU. Here in the USA we are led to believe they are so popular at least that is what I thought.
As another noted in this forum and I see it too. All of a sudden Hybrids are being adding into the EV numbers? Of course much of the public doesnt know that as they avoid (in some articles) using the word Hybrid. and Use PHEV, to common people that means electric vehicle but its gasoline and has always been around.
Anyway, I am trying to figure out is HyBrids are in that number as the reference to it regarding China but maybe not. One has to remember, you can buy an EV in China for $10,000 just like a moped is called a motorcycle in much the world compared to an Indian or Harley.
Anyway, I expected growth to be much greater than this, it only made sense, yet I have no trouble finding EVs on the car lots anymore. The recent VW fiasco with its massive supply of unsold EVs is proof with super discount lease prices on 2024 models.
Even some of the REALLY NICE Equinox EVs maybe selling but you dont have to knock down the doors to get one.
Anyway, just an observation. I find this "news" article slanted when you closely examine it. Of course on a global scale you can say the combined sales of EVs and Hybrids are up double digits, how many are EVs then ask in a world with no EV to start this growth is sad.
Remember. Tesla sales were down oil the affluent USA for 2024 considering the CEO promoted growth for a while at the 50% range.
Anyway, interesting read, not so sure why they thing this is good.
Reporters well... enough of that *LOL*
https://finance.yahoo.com/news/glob...671.html?ncid=facebook_yfsocialfa_wje3x23a50w