Are EV Sales Down?

In a word, no. But, if you are Ford, GM, Stellantis, … you will come up with a different answer.

Overall, EV sales have increased. The rate of increase has slowed in many places but that doesn’t mean they are not selling.

We all know Tesla and BYD are selling a lot of EVs. No surprise there. The other player that is very serious about their EV future is Volvo. They have made their last diesel car and are now cutting back on gasoline cars. In March 2024, 43% of their car sales have been EVs and hybrids and it is the EV part that is growning.

The Electric Viking offers a good video with the emphasis on Volvo.

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