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Most U.S. automakers have experienced a decline in electric-vehicle sales as global and North American sales numbers have dropped year-over-year, according to Benchmark Mineral Intelligence.
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Sales down as automakers adjust strategy after end of tax credits and in face of trade tariffs
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Worldwide deliveries helped along by the end of incentives in the U.S. and the creation of aid elsewhere
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StoneEagle finds that July’s lease market delivered a sharp rebound in volume led by a surge in electric-vehicle leasing, but the gains came at a cost.
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They say profit margins from combustion vehicles will rise for a few years until a widespread consumer shift toward electric vehicles.
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A maze of unknowns when it comes to the transition away from ICE vehicles calls for soul-searching, careful planning.
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U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
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The Detroit automaker sold 1.86 million vehicles in 2022, down from 1.91 million in 2021.
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