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EV sales are up, but U.S. automakers — and drivers — are still cautious

Oct 15, 2024
Overstocks mean car shoppers are taking advantage of deals and a good selection, but that may change as automakers slow down production.
Despite rising electric vehicle sales, U.S. automakers are rolling back aggressive EV production targets.
Adek Berry/AFP via Getty Images

EVs and hybrids drive 18% of car sales, doubling market share since 2021

Nov 29, 2023
Price dips and and an expansion of models to choose from contributed to the boost in third-quarter purchases.
Some car companies, like Honda, are making more hybrid models available, says Stephanie Brinley at S&P Global Mobility.
Mark Ralston/AFP via Getty Images

Sales of fully electric vehicles nearly doubled in 2022. Which carmakers came out on top?

Jan 6, 2023
EVs account for about 5% of car purchases, according to automotive website Edmunds. Rivals to Tesla are making inroads.
Tesla still holds an estimated 60% of the EV market, but its share has been declining.
Brandon Bell/Getty Images