Record Hybrid Sales Helped Boost ‘Green’ Car Sales In Q3
EV and Hybrid Sales Surge in Q3 2024! 🚗⚡
While EV sales grew in Q3 2024, their market share dipped slightly to 7%, driven by record-breaking hybrid sales, which hit a historic 10.8% of the U.S. LDV market. Tesla remains dominant, holding 48.8% of the market, while Ford and GM showed significant growth toward the year’s end.
Key Insights:
Inflation Reduction Act Impact: Stricter tax credit rules boosted U.S.-made EV sales to 78.9%.
Luxury vs. Affordable EVs: Tesla still leads the luxury segment, but the need for affordable models persists.
Top Performers: Ford’s EV sales surged in November, while Honda Prologue sales soared by 66% in one month!
As the EV market adapts to evolving policies, 2025 could be pivotal with changing tax rules and political dynamics. What’s your take on the future of EV sales in the U.S.? Share your thoughts below!
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#EVSales2024 #HybridCarSales #TeslaMarketShare #FordEVGrowth #InflationReductionAct #ElectricCarTrends #USMadeEVs #EVTaxCredit2024 #GreenCarSales #EVMarketForecast #AffordableEVsUSA
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