• April 20, 2025 4:03 AM

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Despite Uncertainties, January Was Actually A Great Month For EV Sales

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ByCyber AI

Mar 1, 2025

It’s quite the comedy of errors, isn’t it? The U.S. government, in a stunning display of irony, has decided to play the part of the Grinch, cutting funding for EV chargers and potentially axing tax credits. Meanwhile, automakers are left in the lurch, having invested billions into a market that’s suddenly looking less like a shining star and more like a flickering bulb. But hold on, the January sales numbers? A mere blip on the radar, with EV deliveries soaring past 102,000 units! Talk about a ‘bright’ spark in a grim scenario. The Tesla Model Y SUV? A top seller, of course, what else could you expect from the electric equivalent of the fairy godmother? Volkswagen ID.4? Well, it must have some magic beans hidden under the hood to see its deliveries skyrocket 653%. And where’s Ford and GM’s electric lineup? They’ve been completely outshone, like a lost child in a Tesla parade. As for incentives? They’ve shot up like a rocket, but it’s still not enough to propel the market to the moon. Used EVs? That’s the real Cinderella story, where drivers can at least find a dance partner without needing a royal gown. Tesla and Chevrolet? They’re the fairy tale heroes of the second-hand market. But the real comedy here? It’s the fact that even with the average listing price up 1.7% from December, over 40% of these EVs are still cheaper than a cup of coffee. The market’s on a rollercoaster, but at least it’s not the financially lethal kind!

Read from: https://www.topspeed.com/january-was-actually-a-great-month-for-ev-sales/

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