The wedge-shaped Tesla Cybertruck enters the marketplace as EV sales fall off ©2023 Michael Harley There’s been a lot of recent news about automakers cutting back or delaying production of electric vehicles (EV) due to slowing consumer demand. The headlines include Ford announcing it was postponing $12 billion in planned electric vehicle production, GM abandoning …
Hyundai Motor said on Thursday it would not delay plans to roll out new electric vehicles and was upbeat about prospects for continued growth this year – a contrast to recent steps by rivals to cut back on EV output. Electric vehicle sales are growing strongly but not as much as carmakers had forecast, with demand …
EV sales in September 2023: Electric vehicle (EV) sales in the United States jumped to more than 300,000 for the first time in the third quarter, but industry leader Tesla’s market share slipped to the lowest on record, a report by Cox Automotive showed on Thursday. Tesla now dominates just half of the market, down …