New Tesla Registrations Slip, Painting Over Solid Gains By Other EVs

seems to be starting to ebb, just as other automakers like Rivian, Hyundai, and Ford arefinally starting to find some growth in their own EV sales. Here's what to expect over the next couple of years at least, as the EV market shifts from the early adopter stage with inflated luxury pricing to a more consumer-oriented, mainstream market with more affordable models.. The last time new EV registrations as a whole fell in the U.

The market is already shifting to adapt for any potential EV demand slump, with more affordable EVs coming to market in the next couple of years, and more hybrid models introduced as well. Hybrid vehicle market share reached 10.8 percent of the light-vehicle market in February of this year, growing 3.4 percent year over year.

As for EVs, however, Kia likely plans to introduce the slightly more affordable EV5 SUV by year's end, with the Chevy Blazer, Acura ZDX, Honda Prologue, Nissan Ariya, and more new EV models going into full production this year. Chevy has also announced a Bolt EV replacement is coming in the next couple of years, with Ford rushing more affordable EVs to market as well. Stellantis has an electric version of its Charger muscle car coming, as well, along with an electric Ram 1500 pickup.

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