Contrary to what you might have heard, EV sales in the US were up in the first quarter according to two reports out recently from automotive research firms. First up, JD Power.
A J.D. Power report has revealed that the overall electric vehicle (EV) market share percentage rose to 9.3% in March 2025 compared to 8.4% during March 2024. While consumers are facing new and used car price increases stemming from President Trump’s tariffs on auto imports, 23% of shoppers looking for a new vehicle are “very likely” to consider purchasing or leasing an EV in the next 12 months, matching February’s percentage and up from 22.5% in March 2024.
As I wrote here, Tesla had a bad first quarter. That was partly thanks to its factories switching over to production of the refreshed Model Y, but primarily because of the full court press by Democrats to demonize Elon…
