U.S. auto sales took a sharp upturn in September, largely driven by charged-up demand for other electrified vehicles. General Motors and Ford were among the manufacturers reporting record EV numbers for the month, motorists racing to take advantage of federal tax credits before they expired at the end of the month. Headlight.News has more.
Few automakers are making more of a commitment to battery-electric vehicles than General Motors – and, at least from a sales standpoint, it appears to be paying off. The automaker has more than doubled both its EV sales and market share this year in the U.S. – and it is now outselling Tesla in neighboring Canada. Headlight.News has the story.
The growth of the EV market has clearly slowed this year, General Motors President Mark Reuss said during a media confab, but sales are still on the rise and GM continues planning to gain ground, even as it delays some product launches. A critical step will be driving down prices, even as profitability improves, said Reuss, who oversees GM’s product development efforts.
It’s become conventional wisdom that EV sales are slowing. With one high-profile exception, the latest numbers would tell you quite the opposite is true. As data roll in for June and the second quarter we’re seeing a number of manufacturers reporting solid increases...
The growth of the U.S. EV market may be slowing for the auto industry overall, General Motors sales were charged up, according to CEO Mary Barra, who said the automaker had its “best month ever” in May. But the automaker is still ready to adjust its electrification plans.