EV Sales Increased by More Than 10% in the US Despite Tesla Sales Dropping [CNET News]
General Motors Company (GM)
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Source: CNET News
number makes up 7.5% of all new vehicle sales, which marks year-over-year growth when compared to the 7% of EV sales by this point in 2024. Despite the market growing, not all automakers were represented equally in new EV sales. New electric models from Acura, Audi, Chevrolet , Honda and Porsche are driving higher sales figures for those automakers. General Motors experienced some of the most extreme EV sales growth, with more than 30,000 electric vehicles across GM brands being shipped during the first quarter. Tesla sales took the biggest hit, falling nine percent from where they were last year. One of the biggest reasons for the first quarter sales surge is the looming market uncertainty. New international tariffs instituted by US president Donald Trump will have an outsized effect on the automotive industry. Though only one-third of the EVs sold in the US are imported vehicles, the tariffs will increase the costs of some of the most important materials in the electric vehicle
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