Ford “Power Promise” Extended into 2025 for US Electric Vehicle Buyers

Credit to Author: Zachary Shahan| Date: Fri, 03 Jan 2025 16:54:43 +0000

Ford had a record year for electric vehicle sales (despite murmuring about an EV sales slowdown from executives at the beginning of the year). One program the company has used to help spur on sales is Power Promise, which provides complimentary home chargers and installation (as long as the installation … [continued]

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Kia EV Sales Increase 74% in USA!

Credit to Author: Zachary Shahan| Date: Fri, 03 Jan 2025 16:14:18 +0000

All the hype about EV sales not growing, or not growing fast — total rubbish, if you’re Kia. Sure, Tesla had its first decline in sales since the Tesla Model S was released, but several other automakers have done superbly. In the US, we now know that Kia saw a … [continued]

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Tesla Cybertruck, Hyundai & Kia EVs Now Qualify for US EV Tax Credit — But For How Long?

Credit to Author: Zachary Shahan| Date: Fri, 03 Jan 2025 04:59:40 +0000

News has broken in the last couple of days that the Tesla Cybertruck is now eligible for the $7,500 US EV tax credit. A very big BREAKING NEWS to now share! The Cybertruck now qualifies for the $7500 IRA credit as of today, January 1st 2025!https://t.co/qW09N2Qxwy pic.twitter.com/LQFpnuFFn2 — Greggertruck (@greggertruck) … [continued]

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Tesla Realism vs. Illogical Hate

Credit to Author: Zachary Shahan| Date: Fri, 03 Jan 2025 04:57:17 +0000

Several times in the past year, I’ve pointed out concerns with Tesla consumer demand and sales. That’s not to say Tesla isn’t an excellent company that produces superb electric cars and sells very large volumes of them. The height Tesla has risen to is amazing. I said for more than … [continued]

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The Musk–Trump Effect Weakens As Tough Competition Softens Tesla’s 2024 Annual Sales

Credit to Author: Carolyn Fortuna| Date: Fri, 03 Jan 2025 03:15:09 +0000

As I logged in to write this morning, Tesla stock was down nearly 5%. It seemed at that early hour as if the Musk–Trump honeymoon was over, and the numbers piling in since that dawn hour have reinforced my original speculation. Tesla’s press release today embraced a feel-good focus as … [continued]

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NIO & XPENG Sales Trends Across 5 Years — Charts!

Credit to Author: Zachary Shahan| Date: Fri, 03 Jan 2025 02:01:53 +0000

I covered XPENG’s and NIO’s great December, 4th quarter, and overall 2024 sales results yesterday. It was an excellent year for these two pure EV Chinese startups, and especially an excellent end of year for them. Now, I want to dive into their long-term sales trends. Note: I imagine neither … [continued]

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Rebirth of the PHEV? What Do BYD’s and Tesla’s 2024 Vehicle Sales Tell Us?

Credit to Author: Remeredzai Joseph Kuhudzai| Date: Thu, 02 Jan 2025 23:10:29 +0000

The world’s top two electric vehicle companies, BYD and Tesla, just released their latest annual sales figures, and they make some really interesting reading. Tesla leads the way in terms of battery electric vehicle sales, but it’s getting quite tight, as BYD is now creeping up and getting close to … [continued]

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BYD Car Sales Rose 60% in December, 41% in 2024

Credit to Author: Zachary Shahan| Date: Thu, 02 Jan 2025 21:50:30 +0000

BYD’s huge growth in 2024, as I wrote just two days ago, was one of the stories of the year. Now we have BYD’s December and full-year 2024 sales in, and they’re good. In December, BYD’s plugin vehicle sales were up 60%! Across the full year, they were up 41.3%. … [continued]

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EV Sales Growth Slump Of 2024 Was Overblown, Now Let’s Do 2025

Credit to Author: Tina Casey| Date: Thu, 02 Jan 2025 19:23:29 +0000

Global EV sales continued to increase in 2024, though 2025 could be a work in progress the US after President Biden leaves office on January 20.

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XPENG & NIO Sales Soar to Record Highs in December

Credit to Author: Zachary Shahan| Date: Thu, 02 Jan 2025 04:51:32 +0000

XPENG and NIO ended the year with a bang. They both set new monthly sales records in December. XPENG Sales Figures XPENG rose to 36,695 deliveries in December, which was a whopping 82% increase over December 2023. That also meant the company ended the 4th quarter with 91,507 deliveries, a … [continued]

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