Reported about 6 hours ago
Despite negative news surrounding electric vehicles (EVs), sales in the US have risen 11% year-over-year, reaching over 346,000 sold in Q3, with market share climbing to 8.9%. While Tesla remains the top seller, EV leases have increased significantly due to federal tax credits, contributing to overall growth. Experts from Cox Automotive predict that the 10% market share milestone for EV adoption is achievable as incentives and more affordable models enter the market.
Source: YAHOO