Sales

U.S. EV Sales Surge in September

Source: EV Hub The U.S. EV market rebounded in the third quarter with total quarterly sales only two percent below the numbers from 2019. Monthly sales were up 20 percent in September compared to 2019, the first month in 2020 where there was year-over-year growth. Adding in the third quarter sales figures reduces the [...]

By |2020-11-23T17:32:39-05:00November 23rd, 2020|

EV Hub Live Episode #2: COVID-19 Hits U.S. EV Market in Q2

U.S. passenger EV sales were down 44 percent in Q2 compared to 2019. COVID-19 was part of the problem as many automakers remained shuttered in April and face delayed production timelines for existing and upcoming EV models. It was not all doom and gloom for the EV sector, however, and government and utility funding [...]

By |2020-09-01T20:07:56-04:00September 1st, 2020|

Utility and Government Funding for EVs Surpasses $4 billion

Source: EV Hub   State governments, utilities, and utility commissions have been charging full steam ahead this summer with policies and programs supporting transportation electrification despite the continued struggle against COVID-19. Administrators, legislators, and regulators have been racking up milestones, with both the government and utility sectors surpassing the $2 billion dollar [...]

By |2020-08-17T16:09:34-04:00August 17th, 2020|

Further Delays Announced For Upcoming EV Models

Source: New York Times More EV model delays are on the horizon as automakers continue to grapple with setbacks. Production shutdowns in March and April due to COVID-19 continue to wreak havoc on plans to unveil new vehicles. A week after raking in another $2.5 billion for the most recent investment cycle, Rivian has announced [...]

By |2020-07-27T19:14:31-04:00July 27th, 2020|

U.S. EV Sales Flat Through First Quarter

Source: EV Hub   The U.S. EV market held steady through the first quarter despite plummeting gas prices and passenger vehicle demand as the COVID-19 pandemic spread. The U.S. EV sector saw a total sales decline of 0.8 percent compared to the first quarter of 2019 with almost 75,000 vehicles sold. February brought a 24 percent [...]

By |2020-07-10T11:48:54-04:00June 8th, 2020|

What Is the Road Ahead for Electric Car Sales?

Sales of traditional new cars were already showing signs of weakness as much of the world reached “peak car” this year. But the coronavirus and the resulting economic fallout are likely to drive sales sharply lower for 2020.   Electric cars were enjoying a fast-growing, but fragile surge prior to the pandemic. Now, even [...]

By |2020-04-29T12:38:48-04:00May 19th, 2020|

COVID-impacted Automakers Allowed to Resume Production May 11

Source: CNN After almost two months of stagnation, auto plants around the country are gearing up to resume production. Michigan Governor Gretchen Whitmer announced on May 7th that manufacturers in the state affected by coronavirus shutdowns will be allowed to begin reopening today, May 11th. GM, Ford, and Fiat-Chrysler are all targeting May 18th [...]

By |2020-05-11T17:39:51-04:00May 11th, 2020|

U.S. EV Sales Down Nine Percent in 2019

Source: EV Hub   The EV industry hit several roadblocks in 2019 and automakers continue to grapple with uncertainty around the future of emissions standards in 2020. Compared to 2018, U.S. passenger EV sales dropped almost nine percent in 2019, which exceeded the 1.6 percent decline for the entire passenger vehicle market. Excluding light truck sales, EV sales [...]

By |2020-01-27T23:01:06-05:00January 27th, 2020|
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