Shocking Drop in EV Interest: Why U.S. Buyers Are Turning Away from Electric Cars in 2024

Shocking Drop in EV Interest: Why U.S. Buyers Are Turning Away from Electric Cars in 2024

September 13, 2024, New York—A recent study by consulting firm EY reveals a significant drop in U.S. consumer interest in electric vehicles (EVs). According to the survey, only 11% of car buyers in the United States plan to purchase an EV in the next two years, a sharp decline from 22% last year. The findings … Read more

China’s Electric Car Boom: Record-Breaking Sales Surge to Unprecedented Levels in June

China's Electric Car Boom: Record-Breaking Sales Surge to Unprecedented Levels in June

Beijing, China – Plug-in electric car sales in China saw a significant rise in June, achieving the second-highest monthly volume on record and capturing a remarkable 49.9% market share. This milestone indicates that nearly half of all new passenger cars in China are now rechargeable, a level unmatched by Europe and the United States. According … Read more