Consumers Shift Toward Evs As Questions About Infrastructure Environment Remain
In May, retail sales of battery electric vehicles (BEVs) represented 3.2 percent of all vehicle sales in the U.S. This was down fractionally from April as the chip shortage impacted dealer inventories. Despite being down, the number is nearly triple what it was in April 2020. According to J.D. Power, 15 percent of sales in the premium vehicle market space this year have come from BEVs, up from eight percent in 2020....