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Reports of an electric vehicle sales slowdown may be exaggerated

Teslarati

A look at reports in the past months would show that a narrative around electric vehicle sales has formed. Considering the trends in the sales of vehicles like the Ford F-150 Lightning and startups like Lucid Motors, skeptics have claimed that electric cars are seeing a demand problem.

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Tesla China promotes Model 3/Y’s affordability with new incentive program

Teslarati

Tesla China is starting the second quarter with new incentives for customers in the form of limited-time finance policies such as low downpayment offers and zero-interest loans. The incentives seem to be part of the electric vehicle maker’s efforts to boost its vehicle sales in the country.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

Ford hasn’t had the best luck with profitability on its electric vehicle business, but the automaker is not shying away from aiming at the cheaper end of the EV spectrum. At the same time, it’s unclear how Ford plans to reach profitability with cheaper vehicles, as it’s slowed investments in new factories and other related areas.

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Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. But now, not only are their electric vehicles seen as at least as good as their Tesla equivalents, they are cheaper too.

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Tesla made up more than half of U.S. EV sales with only two models

Teslarati

Tesla made up more than half of the total electric vehicle sales in the United States with only two of its models, according to new figures from Kelley Blue Book. Tesla’s Model Y and Model 3 accounted for over 51 percent of the total U.S. in 2023, accumulating 394,497 sales. be without Tesla?”

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Tesla dominates Carvana EV sales, but the order might surprise you

Teslarati

Tesla dominated Carvana’s 2023 EV sales figures, but the order of vehicles might surprise you. To our surprise, the Tesla Model Y was not Carvana’s best-selling EV in 2023; the Model 3 was. Although Carvana did not list specific figures for each vehicle’s sales, the Model 3 topped the list.

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