Workflow
A Look Back at the US EV Market in 2024: What to Expect in 2025
FFord Motor(F) ZACKS·2025-01-09 22:35

The electric vehicle (EV) market in the United States charged ahead in 2024, albeit with some speed bumps along the way. While sales growth cooled compared to 2023 and adoption lagged expectations due to concerns over pricing and charging infrastructure, the year ended on a high note with a surge in EV sales during the fourth quarter. Looking ahead to 2025, the landscape is set to stay dynamic, with policy shifts, competitive pricing and innovative models.Modest Growth Turns Into Q4 SurgeFor much of 2024, t ...