Bloomberg’s Insightful Analysis on EV Sales “Slow Down”

Bloomberg recently provided an overview of EV sales in 2024 that puts the EV sales “slow down” into helpful context. In short: automakers are making preparations for the long-term growth of EVs even while market leaders like like Tesla have struggled to meet expectations.

As Tom Randall writes, “For every sign of an EV slowdown, another suggests an adolescent industry on the verge of its next growth spurt. In fact, for most automakers, even the first quarter was a blockbuster. Six of the 10 biggest EV makers in the US saw sales grow at a scorching pace compared to a year ago.”

While there’s momentum from EV makers around the long-term prospects of the product category, the best way to ensure success is to build the largest possible consumer base. That’s what we’re up to here at EV Politics Project! Stay tuned for some exciting news from us!