I saw a figure floating around that 14% of vehicle purchases now are EVs in the US. You are saying that is about to increase to 34% and you documented that.
This is great news for GM. GM has the strongest lineup of EVs.
Someone with a Ph.D. supposedly is saying this is bad news for the auto industry. Nonsense. No research done by him.
I saw a story floating around that said I’m tall, handsome, smart, and rich.
Meanwhile
If we're talking about new vehicle sales, the percentage of electric cars in the U.S. was 6.8% in May 2024, according to Edmunds sales data.
Please do not confuse the truth with your delusions.
In 2024, BofA analysts expect EVs to make up about 8% of vehicle sales, 14% in 2027, and 29% in 2030.
From June 2024:
This month from the AAA:
Survey finds interest in buying electric vehicles declining
https://www.wwlp.com/news/massachusetts/survey-finds-interest-in-buying-electric-vehicles-declining/
Interest in electric vehicle purchases among U.S. adults drifted to its lowest level since 2019, according to a new AAA survey.
The automobile group reported Tuesday that 16% of adults reported they were either likely or very likely to buy a fully electric vehicle as their next car. That’s down from 18% in 2024, 23% in 2023, and 25% in 2022.
Despite 75 new electric vehicle models being introduced in the past four years, the percentage of consumers indicating they would be unlikely or very unlikely to purchase an EV rose from 51% in 2022 to 63% in 2025.
DB2