Electric cars now make up a fifth of California's auto sales

  • 📰 latimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 82%

Singapore Singapore Headlines News

Singapore Singapore Latest News,Singapore Singapore Headlines

One out of every 5 cars sold in California is now powered by a battery, registration data released Wednesday by the California New Car Dealers Assn. shows.

In the first nine months of 2023, electric vehicles accounted for 21.5% of cars sold in California, a figure that’s more than doubled in the last two years. When combined with hybrid, plug-in hybrid and fuel-cell vehicles, the year-to-date figure is 35.4%. California has long been a champion of electric cars, and Gov. Gavin Newsom said he’ll phase out sales of new gasoline-powered cars by 2035 as part of the state’s fight against climate change.

Both Tesla and conventional automakers have said they’ll slow their investments in battery-powered cars for now, warning that high interest rates and prices are affecting demand. Tesla’s lead in the California electric-vehicle market has slipped this year, according to the state registration data. Its overall market share fell to 62.9% in the first nine months of 2023, compared with its 71.8% share the year before. Mercedes-Benz Group and BMW both gained ground among EV sellers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

California's Love For Electric Cars Continued In Q3 2023During the Q3 2023, some 115,690 new plug-in cars were registered in California, which is 55% more than a year ago and more than a quarter of the total market.
Source: InsideEVs - 🏆 579. / 51 Read more »

California's Love For Electric Cars Continued In Q3 2023During the Q3 2023, some 115,690 new plug-in cars were registered in California, which is 55% more than a year ago and more than a quarter of the total market.
Source: InsideEVs - 🏆 579. / 51 Read more »

Trade in your gas-powered leaf blower for a FREE electric oneIt's a unique partnership; Union Pacific and the Utah Clean Air Partnership are teaming up to help clean Utah's air quality thr
Source: fox13 - 🏆 550. / 51 Read more »

One of Philips’ best electric toothbrushes is $60 off at Best BuyThe Philips Sonicare DiamondClean Smart 9700, a highly-rated electric toothbrush on Best Buy at 4.8 stars, is currently on sale for $280 after a $60 discount.
Source: DigitalTrends - 🏆 95. / 65 Read more »

Infiniti plans update of an aging lineup; previews four new modelsOne of them, at least, will be electric
Source: MarketWatch - 🏆 3. / 97 Read more »