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A new chart on US EV sales has me revisiting a topic Steve Hanley and I have both covered recently, but it’s warranted, because there are a lot of headlines and there’s a lot of hype falsely declaring that the EV market is struggling. Sometimes such stories are focused on the US market and sometimes they are focused more broadly, but no matter what their focus, they are wrong. In this story, the focus is US EV sales, but also note that global BEV sales grew from 14% share of the world auto market in 2022 to 16% share of the world auto market in 2023. Sales increased in a massive, broad, diverse global industry.
The chart comes from Argonne National Laboratory, via the US Department of Energy. It shows that that BEV sales in the US have increased every month year over year for the past…
Read the full article originally published at cleantechnica.com.