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Monday, December 4, 2023

Are EV sales actually tanking? NO!

Despite recent labor and manufacturing woes, EV sales remain strong, and cities will benefit as more electric trucks and buses hit the streets, Al Gore III said.

The numbers show that electric vehicle sales jumped 49% year over year in the first three quarters of 2023, according to Kelley Blue Book, a Cox Automotive brand. Nearly 8% of U.S. automotive sales in Q3 were EVs, according to Cox, which predicts full-year sales of more than one million electric vehicles. So Albert Gore doesn’t believe the narrative that consumer demand for EVs is waning.

This Albert Gore is executive director of the Zero Emission Transportation Association, a coalition advocating for full adoption of EVs by 2030. He is the son of the former vice president and well-known climate advocate. “We’re seeing continued monthly growth, but also year-over-year growth of [EV sales],” he explained. “It’s just important to keep our eye on the longer-term trend and not overreact to these individual data points that in many cases seem to be anecdotal, or maybe very specific and regional.”