The Big E: Today’s Most Important News
EV sales are setting new records as new products fill the market.
News: CA/China EV Sales Tell Tesla Story
Two recent electric vehicle sales reports tell a similar tale—the Tesla Model 3 is dominating the market worldwide and in its home market of California, and other models and manufacturers have a lot of catching up to make it a competitive situation.
Electric Car Sales Increase 228%
Model year 2012 is the year of the green car, with record fleet fuel economy, record high hybrid sales, and a 228% increase in plug-in electric car sales. While it’s true that plug-in electric car sales still represent a very small fraction of total auto sales, model year 2012 saw about 38,000 Americans buying plug-in cars. The Chevy Volt, often described by critics as a failure, falls right in the middle of the pack, outselling half the cars, trucks, and SUVs on the market.