Low Gas Prices: The Double-Whammy Negative Impact on US EV Sales

The COVID-19 pandemic and its impact on supply chains and consumer spending will have a negative effect on electric vehicle sales in the US, likely for the next 12-18 months. But a potential double whammy impact on EV sales is the lowest gas prices that many regions have seen in the last decade or more.

EV Adoption in the US: A Supply, Rather Than Demand Issue

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One of the comments you often hear from legacy automakers and the anti-electric vehicle camp is that “consumers don’t want EVs.”  “There are no customer requests for BEVs. None. There are regulator requests for BEVs, but no customer requests.” – Klaus Frölich, via Forbes These electric vehicle “nega-Bobs” will usually tout that either only 1% or […]

US EV Sales Down 11% for July, Up 14% YTD

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US electric vehicle sales continue to be driven primarily by the Tesla Model 3. Sales for July actually declined 10.8% in 2019 versus July 2018. Sales estimates from the InsideEVs Sales Scorecard for July were 26,395 in 2019, a decline of 3,203 units from 29,598 in 2018. On the positive side, however, YTD, sales were […]