There were bad vibes about EV sales a week ago, when the few OEMs that report monthly numbers did so for April. Looked like a bad month for plug-in sales.
Well now with the full data...turns out it was mostly just those OEMs with YoY declines.
Overall, plug-in EV sales were up 5% in April!
🔌💡🔌🚗
Well now with the full data...turns out it was mostly just those OEMs with YoY declines.
Overall, plug-in EV sales were up 5% in April!
🔌💡🔌🚗
Comments
But GM put up another 15,000 month (+164% YoY), BMW was up more than 50% YoY, Volvo set a new monthly record (+67% YoY), and Stellantis managed a 10% improvement too.
The real story though?...
That’s up from 9% in April 2024. Their market share increased almost every single month over the past year.
Feels like a given it’ll reach 15% by end of the year.