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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

On a nationwide basis, EV adoption rates have continued to rise steadily, with EV sales now representing 8.6% Even among current EV sales, total affordability scores are being heavily influenced by the Tesla models, which have recently undergone a series of price cuts that has increased their overall affordability.

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US EV Sales Share Reaches 7% in Q2 2022 — New Data Now Available?

EV Adoption

Electric vehicle sales in the US continue to see a significant uptick, with EV (BEV and PHEV) share of new light passenger vehicles (LPVs) reaching 7.05% in Q2 of 2022. times from the 2.44% EV sales share since the end of 2022. If the quarterly increase continues at 13% for Q3 and Q4, the Q4 sales share would reach 9.0%.

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Carvana trends report: Used EVs narrow price gap with ICE cars, triggering sales growth potential

Baua Electric

According to the data gathered, Carvana saw that its used EV sales mix achieved new highs while the price margin compared to traditional combustion vehicles narrowed. The EV trends report combines Carvana’s EV sales data by state plus other metrics from Kelly Blue Book and MarketCheck. of Carvana’s sales in The Sunshine State were BEV.

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Genesis is quietly outpacing luxury rivals as EV availability expands into new states

Baua Electric

The luxury Genesis brand is outpacing rivals, closing in on Porsche and Land Rover in sales as its all-electric models expand into new states. Genesis sales have grown from less than 7,000 in 2016 to over 69,000 last year, according to data from CNBC. The sportier Magma brand is designed to spread awareness and boost sales.

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California gas vehicle ban faces pushback from 17 states

Teslarati

17 States have filed a lawsuit with the Federal Court of Appeals, suing to prevent California from banning new ICE vehicle sales after 2035. California’s Air Resources Board (CARB) is expected to ban the sale of new ICE vehicles after 2035 tomorrow, but 17 State Attorney Generals have sued in federal court to block the move.

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The US’s largest battery-grade lithium refinery will be in Oklahoma

Baua Electric

It will use Port Muskogee on the McClellan-Kerr Arkansas River Navigation System to ship lithium brine water to the refinery, where it will derive the lithium, and then use the same inland waterway system to ship battery-grade lithium out. Muskogee also has a skilled workforce trained in oil and gas engineering.

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Leslie Doggett Industries’ car retail arm expands in Texas

Baua Electric

Its companies have places in Texas, Unused Mexico, Louisiana, Arkansas and Northern Mexico. It expects the Kinsel dealerships will upload greater than $200 million in gross sales quantity inside 18 months. It’s a immense John Deere building apparatus broker.

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