Are recent declines in electric vehicle sales in California just a blip? Or a long-term trend?

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Electric vehicle sales in California are slowing. Is it just a blip or a trend? Gov. Newsom says he's not worried about hitting the state's ambitious targets, but auto analysts aren't so sure

Sales of electric vehicles in California hit an all-time high at the start of last summer. But registrations declined in the third quarter of 2023 and slipped again in the final three months of the year. Is it a statistical fluke, or does it indicate a trend? It's a question with plenty of ramifications for the state's clean transportation goals — especially since Gov.

The Wall Street Journal last month reported that dealers who sell General Motors cars and trucks, worried about customers who aren't ready to switch to fully electric vehicles, are pressing company executives to introduce more hybrid models into the market. Rental car giant Hertz recently announced that it is selling one-third of its EV fleet and reinvesting in gasoline-powered vehicles, citing weak demand and repair costs.

 

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