{"id":1454154,"date":"2024-01-30T16:45:00","date_gmt":"2024-01-30T21:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1454154"},"modified":"2024-01-30T16:45:00","modified_gmt":"2024-01-30T21:45:00","slug":"us-ev-sales-climbed-29-in-q4","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/us-ev-sales-climbed-29-in-q4\/1454154\/","title":{"rendered":"US EV Sales Climbed 29% In Q4"},"content":{"rendered":"

US EV Sales Climbed 29% In Q4<\/span><\/p>\n

\n

By Charles Kennedy of OilPrice.com<\/a><\/em><\/p>\n

Plug-in electric vehicle sales in the United States rose by an annual 29% in the fourth quarter of the year, <\/strong>within the context of a much more moderate total car sales increase of 8%, Clean Technica reported<\/a>.<\/p>\n

<\/a><\/p>\n

Tesla, the biggest EV seller, ranked eighth on a list that saw Toyota at the top with close to 524,000 cars sold<\/strong> during the quarter, followed by Ford, Chevrolet, Honda, and Hyundai completing the top five.<\/p>\n

<\/a><\/p>\n

The report suggests 2023 was a strong year for EVs in the United States, following an earlier report<\/a> with annual sales data from Cox Automotive that said EV sales in the country had reached 1.2 million last year.<\/p>\n

This boosted the share of electric vehicles to 7.6% of the total car market but Cox Automotive added that there has been a clear slowdown in demand for EVs, even as Clean Technica said \u201cDon\u2019t believe all the EV anti-hype.\u201d<\/p>\n

Cox Automotive, meanwhile, noted that EVs have yet to reach price parity with internal combustion engine vehicles and this was looking increasingly possible over the next few years\u2014thanks to a selection of subsidies\u2014but for now EVs remained quite expensive.<\/p>\n

A recent InsideEVs report<\/a> on November EV sales in the United States confirmed the slowdown in sales growth. Citing data from S&P Global Mobility, the report said that total battery electric vehicle sales in November stood at 89,527, which was a 30% annual increase, it only represented a 1.2% increase in market share\u2014to 7.7% from 6.5% a year earlier.<\/p>\n

That report noted that Tesla had registered a relatively modest increase in sales during the penultimate month of the year while other EV makers had seen double-digit sales growth, including Ford, with 21% higher sales in November than a year earlier. Kia and Hyundai saw a twofold increase in their EV sales in the U.S. in November.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nTue, 01\/30\/2024 – 11:45<\/span><\/p>\n

\u200bRead More<\/a>\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

US EV Sales Climbed 29% In Q4 By Charles Kennedy of OilPrice.com Plug-in electric vehicle sales in the United States rose by an annual 29%…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1454154","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1454154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1454154"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1454154\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1454154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1454154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1454154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}