U.S. EV Sales Hit New Record in Fourth Quarter of 2021

Despite industry-wide inventory constraints and overall slow new-car sales growth throughout the year, sales of battery-powered electric vehicles surged to hit a new record with a strong year-end finish in Q4 2021. In the fourth quarter, EV sales jumped 72% year-over-year to a record 147,799 units. EV market share in Q4 was 4.5%, also a […]