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The Slowdown in US Electric Vehicle Sales Looks More Like a Blip

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  • The Slowdown in US Electric Vehicle Sales Looks More Like a Blip
May 28, 2024

By Tom Randall – Bloomberg

For every sign of an EV slowdown, another suggests an adolescent industry on the verge of its next growth spurt. In fact, for most automakers, even the first quarter was a blockbuster. Six of the 10 biggest EV makers in the US saw sales grow at a scorching pace compared to a year ago — up anywhere from 56% at Hyundai-Kia to 86% at Ford. A sampling of April sales similarly came in hot.

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