Since the price of gasoline jumped, you'd think electric vehicle (EV) sales would move upward.
You'd have thunk wrong.
...New EV sales in April – the second full month of the war – were down 6.2% compared with March, and down a whopping 23% from the year before, according to Cox Automotive.
True, overall car sales were down last month, but just by 5.4% year over year, and 1.9% from March.
In other words, people were increasingly turning to gasoline-powered cars when they bought in April. And that’s even though searches for EV cars were up.
More people are searching for EVs, and fewer are buying them....
Registrations of these things is down FORTY percent in California, and the market-share % is down to about 6%, having averaged just over 7% since 1Q25.
Maybe WE won't have to build any more windmills.
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