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Are EV Sales Slowing - Or Setting New Records? The Correct Answer As, Both.

04 Nov 2024 | Abstracted from Chicago Tribune

"Electric vehicles continue to grow in the United States but not at the pace of 2021 to 2022, when estimated annual increases were 89% and 65%...The 2023 annual increase was 46%, and in the most recent quarter of this year, year-over-year growth was about 11%...

"Boston Consulting Group survey of 3,000 consumers earlier this year found that 6% already own an EV, 38% intend to purchase an EV as their next vehicle, and another 27% are considering buying one in the future."

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