for Nutson's Auto News Weekly Wrap-up February 11-17, 2024* Sales slow. The survey finds that around seven in ten Americans express some level of interest in buying or leasing an electric-only vehicle (EV). A comparison of monthly EV sales data for the last three calendar years shows that for each individual month, EV sales increased significantly from the year before. * EV price cuts. Tesla, GM, Ford, Hyundai and Kia all cut prices as the pace of EV sales slowed.
Source: Forbes February 18, 2024 18:00 UTC