Daily Archive: May 15, 2024

EV market share fell in Q1, in a dearth of affordable models

2023 Chevrolet Bolt EVU.S. EV and hybrid sales fell in the first quarter of the year, according to a Tuesday update from the Department of Energy’s Energy Information Administration (EIA). Sales of battery electric vehicles (full EVs) dropped to 7.0% of overall light vehicle sales in the first quarter of 2024 from 8.1% in the previous quarter. Nationally, sales...