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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

million units in March 2020, down by 39% from March 2019. And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. Overall, the total for the first quarter of 2020 already highlights a reduction of 26% Q1 2019 with sales decreasing to 17.42 percentage points higher than seen in March 2019.

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Zero EVs May Qualify For the Federal Tax Credit Under the Inflation Reduction Act Requirements

EV Adoption

The critical materials in the battery that were extracted or processed in a country with a free trade agreement (which includes Australia, Chile, South Korea, etc.) In 2019, 78% of those who claimed the tax credit had an adjusted gross income (AGI) of $100,000 or above and 46% were above $200,000. in effect with the U.S.