The latest reports from S&P Global Mobility and Automotive News show registrations of new fully electric vehicles fell 4.4% in April, snapping a 14-month streak of year-over-year gains. +
Tesla CEO Elon Musk told investors he will reduce his role as a senior White House advisor to one or two days per week after reporting a 71% decline in net income, led by a 20% drop in automotive revenue. +
The California New Car Dealers Association filed a lawsuit against Volkswagen and its Scout Motors division, which produces EVs the company wants to sell directly to consumers. +
A new EVAI survey of 2,500 fleet executives finds growing concerns over acquisition and replacement costs as tariffs on imported vehicles threaten to upend budgets and planning. +
A Gallup poll finds 51% of Americans own or are open to owning an EV, unchanged from a year ago and down from 59% in 2023. Only 11% say they already own one or are “seriously considering” it. +
Kelley Blue Book reports U.S. sales of new EVs increased by 10% in the first quarter, led in part by 30,000 units moved by General Motors dealers, while sales of market leader Tesla slipped. +
J.D. Power reports EVs accounted for 9.3% of all U.S. sales last month, up from 8.4% in March 2024. Tesla remains the most considered EV brand despite a steadily declining share of the segment. +
The California New Car Dealers Association sent a cease-and-desist letter to Volkswagen’s Scout Motors division, claiming plans to sell its EVs directly to consumers would violate state law. +
Reuters reports members of the Trump transition team will recommend a reversal of Biden administration policies designed to encourage EV production and sales. +
Ford Motor Co.’s U.S. dealers sold 166,373 new Fords and Lincolns in November, a 14.3% increase from the same month a year ago, the factory reported. +
