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Hyundai sold nearly 269,000 electric vehicles last year as IONIQ 5 and 6 spark growth

Baua Electric

The company saw solid sales growth across key markets, including North America, Europe, and India. Despite its vehicles not qualifying for the tax credit (only through leasing), Hyundai Motor (including sister company Kia) surged past Ford and GM for second in US electric vehicle sales in 2023 behind Tesla.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen. North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. Selling in new markets will also be a test for Tesla.

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New EV electric car calendar

EV Central

ACE-EV X1 Transformer – Australian-based start-up plans a small range of affordable EVs focused on light commercial duties. $5 Chevrolet Equinox – affordable mid-sized SUV set to go EV in 2023. Now it has big plans… Fisker Pear – electric urban SUV is now taking pre-orders in America ahead of 2024 deliveries.

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The EV Transition Explained: Local Policies Shape Global Competition

Cars That Think

million dollars in new car sales in 2021, according to data from the National Automobile Dealer Association. China , along with the EU, Japan and South Korea , has also voiced unhappiness with the United State’s EV tax credit incentives that now require certain percentages of EV components be manufactured or assembled in North America.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

The goal of using taxpayer dollars to increase sales of electric vehicles should serve two primary purposes: 1) To reduce the cost differential between comparable EV and ICE vehicles to make EVs more attractive and more affordable to more people. Option to Convert the Tax Credit to a Time of Purchase Rebate.