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InsideEVs
Trends
- 1EV Sales Dropped 41% In January, Yet Some Brands Grew▼EV Sales Crashed 41% In January—But These Brands Still Grew
Electric vehicle sales fell sharply in January, dropping 41% compared with the same month a year earlier, according to a report from InsideEVs. The decline hit much of the market, but several brands bucked the trend and still managed to grow their sales. Analysts are pointing to the divergence as evidence that demand is splitting between struggling and resilient automakers.
- 2Hyundai Ioniq 5 Becomes America's Top Non-Tesla EV●The Hyundai Ioniq 5 Is Now America's Best-Selling EV That Isn't A Tesla
The Hyundai Ioniq 5 has become the best-selling electric vehicle in the United States apart from Tesla models, according to InsideEVs. The South Korean hatchback-crossover has been gaining ground thanks to its fast charging, range and design, and its sales now lead every non-Tesla EV contender in the American market.
- 3
The Volvo EX30 is reportedly being withdrawn or scaled back in the United States, with trade outlet InsideEVs describing the compact electric SUV as the latest addition to what it calls America's growing EV graveyard. The phrase reflects a wider pattern of electric models being discontinued, delayed, or discounted in the US market as demand growth cools and automakers reassess their EV lineups.