Inside Clean Energy: US Electric Vehicle Sales Soared in First Quarter, while Overall Auto Sales Slid
In a challenging few months for the auto industry, sales of electric vehicles are rising while just about every other category is falling.
U.S. electric vehicle sales rose 76 percent in the first quarter, which was enough to double EVs’ share of the market to 5.2 percent, up from 2.5 percent in the first quarter of 2021, according to Kelley Blue Book.
Overall sales of new cars and trucks were down 15.7 percent for the quarter as automakers dealt with shortages of computer chips and other vital supplies, leading to slowdowns in production.