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Originally Posted by Bill14564
Is there any indication that the number of EVs sold is slumping? Data that turned up in my search (EV sales by year: here, here, and here) shows an increase from 2021 to 2022 and into 2023. July sales were a little less than June but is that a saturation in the market or the impact of rising interest rates? Regardless of the nitwit in Washington, the data seem to show that people want electric cars. |
Yes there is information that EV sales are slowing. Both GM and Ford announced within the last week major delays in their development and expansion of their EV lines. According to their press releases they are seeing a softening of demand for all EV models. GM reduced their projected sales of EV's for next year from 1,000,000 to something like 600,000. This year I believe they are projecting to sell app 70,000.