Is America’s EV revolution stalling?

Its motorists aren’t won over by battery power—yet


  • by
  • 11 27, 2023
  • in Business

AMERICANS LOVEEVEV EVGMEVEV . So long, it seems, as they don’t run on batteries. A poll published in July by the Pew Research Centre found that less than two-fifths of them would consider buying an (). Despite expanding charging networks and more models to choose from, that is a slightly lower share than the year before.Those words are backed up by relative inaction. In the third quarter of 2023 battery-powered vehicles made up 8% of all car sales. So far this year fewer than 1m s (not counting hybrids) were sold in America, a little more than half the number in less car-mad Europe (see chart). Chinese drivers bought almost four times as many. Between July and September General Motors () shifted a piddling 20,000 in its home market, compared with more than 600,000 fossil-fuelled vehicles. Fully 92 days’ worth of s languish on dealership forecourts, compared with 54 days of gas-guzzler inventory. Outside California, Florida and Texas, which together account for over half of American registrations, electric cars mostly remain a curiosity.

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