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• Chris Chilton
• 2024-12-14
• Auto Show News
• (0)

U.S. electric car sales jump 5% as legacy brands offset Tesla losses

With over 101,000 registrations in October, Tesla remains the undisputed market leader despite the decline go through Chris Chilton 3 hours ago More than 101,000 electric vehicles were registered in the United States in October. Registrations increased by 5% in the same month of 2023. Tesla's number fell 1.8%, but still led by a wide margin. We keep hearing about the downturn in the EV economy and how automakers are changing their electrification strategies because consumers aren't spending. Of course, EV sales are down in countries like Germany, but in the U.S., people are still buying EVs and buying more of them than they did 12 months ago. Data from S&P Global Mobility showed that electric vehicle registrations increased 5% in October from the same month in 2023, reaching a peak of 101,403 vehicles. It's not Tesla that's driving this growth, but traditional automakers. RELATED: Global electric car sales break record in November thanks to unstoppable growth in China Chevrolet's…