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EV Sales

Tesla CEO Elon Musk scored a big win recently when his $56 billion pay package got the green light from shareholders a second time, but the company he runs has been far less fortunate in 2024. 

On Tuesday, Tesla reported

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“The sky is falling, we must run and tell the king!” said Henny Penny. That is the message many so-called news outlets are touting after

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April turned out to be one of the best months ever for all-electric car sales in the United States, with a six-digit number of first registrations. The results are quite amazing, considering that the largest player in the segment, Tesla,

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Hyundai-new-IONIQ-model

Despite talk of an “EV slowdown,” Hyundai is charging ahead. Hyundai is launching two new electric vehicles in Europe, including a low-cost EV and a new IONIQ model, to boost its market

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Hyundai Motor Company's (Hyundai and Genesis brands) global vehicle sales in May 2024 amounted to 356,223, up 1.9% year-over-year. During the first five months of the year, the company sold 1,709,463 vehicles, up 0.2% compared to a year ago.

Unfortunately

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President Joe Biden's much-touted Inflation Reduction Act (IRA) is paying off big time, particularly for the many thousands of Americans who have bought electric vehicles this year. 

EV buyers have saved more than $1 billion in upfront purchase

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May’s auto sales saw plugin EVs take 24.1% share in France, roughly flat from 24.3% year-on-year. BEV share was up, while PHEV share dropped.

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Ford Motor Company reported 190,014 new vehicle sales in May, up 11% year-over-year, and totaling 877,685 in the first five months of 2024—up 5.6% from the previous period. And despite Ford's own recent remarks about slowing down on all-electric vehicles,

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Call it the “cold feet” era of the electric vehicle race.

Since the latter part of the last decade, nearly every major car company made a big show of their aggressive plans to expand their electric lineups, with some even

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First, what is a fad? From Wikipedia:

“A fad, trend, or craze is any form of collective behavior that develops within a culture, a generation or social group in which a group of people enthusiastically follow

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