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Message   VRSS    All   EV Sales Keep Growing In the US, Represent 20% of Global Car Sal   May 19, 2025
 2:40 AM  

Feed: Slashdot
Feed Link: https://slashdot.org/
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Title: EV Sales Keep Growing In the US, Represent 20% of Global Car Sales and
Half in China

Link: https://tech.slashdot.org/story/25/05/19/0149...

"Despite many obstacles - and what you may read elsewhere - electric-vehicle
sales continue to grow at a healthy pace in the U.S. market," Cox Automotive
reported this week. "Roughly 7.5% of total new-vehicle sales in the first
quarter were electric vehicles, an increase from 7% a year earlier." An
anonymous reader shared this analysis from Autoweek: "Despite a cloud of
uncertainty around future EV interest and potential economic headwinds
hanging over the automotive industry, consumer demand for electric vehicles
has remained stable," according to the J.D. Power 2025 US Electric Vehicle
Consideration Study released yesterday. Specifically, the study showed that
24% of vehicle shoppers in the U.S. say they are "very likely" to consider
purchasing an EV and 35% say they are "somewhat likely," both of which
figures remain unchanged from a year ago... Globally the numbers are even
more pro-EV. Electric car sales exceeded 17 million globally in 2024,
reaching a sales share of more than 20%, according to a report issued this
week by the International Energy Agency. "Just the additional 3.5 million
electric cars sold in 2024 compared with the previous year is more than the
total number of electric cars sold worldwide in 2020," the IEA said. China,
which has mandated increases in EV sales, is the leader in getting electric
vehicles on the road, with electric cars accounting for almost half of all
Chinese car sales in 2024, the IEA said. "The over 11 million electric cars
sold in China last year were more than global sales just 2 years earlier. As
a result of continued strong growth, 1 in 10 cars on Chinese roads is now
electric." Interesting figures on U.S. EV sales from the article: 2024 EV
sales rose 7.3% from 2023, according to Cox Automotive data. "Last year
American consumers purchased 1.3 million electric vehicles, which was a new
record, according to data from KBB. "Sales have never stopped growing, and
the percentage of new cars sold powered purely by gasoline continues to slip.


Read more of this story at Slashdot.

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