This New BYD EV Costs Half as Much as a Tesla
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WWLP Springfield on MSNDEP delays electric vehicle sales requirements for two yearsThe Healey administration said it will not enforce minimum electric vehicle sales requirements for model years 2026 and 2027, administratively taking a step that lawmakers have repeated sought to force legislatively.
Now passed by the House, the bill would remove incentives for automakers and EV customers alike, while also adding new registration fees for hybrid and electric car owners.
New EV Sales: The new EV market faced several challenges in April, reflecting broader economic trends. The volume of new EV sales declined by 5.9% month over month to 100,495 units, while the EV market share rose slightly to 6.9%. Year over year, the EV sales volume decreased by 5.6%.
Although fewer electric vehicles were sold in the US last month than in March, several brands saw surprising growth.
Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of having EVs reach 30% of its global vehicle sales by 2030.
Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer demand.
Global sales of battery-electric vehicles and plug-in hybrids rose to 1.5 million in April, the Rho Motion data showed. Sales in China were up 32% from the same month of 2024 to 0.9 million vehicles. Europe reported a 35% year-on-year increase in registrations to 0.3 million cars sold, while in North America they fell 5.6% to 0.1 million.
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According to a new analysis by the International Energy Agency (IEA), EV sales will account for one-quarter of the new cars sold worldwide by the end of 2025. The IEA says electric car sales will surpass 20 million units. That would mark a significant increase over 2024 when customers purchased 17 million EVs.
The Canadian government abruptly ended its federal EV incentive program early this year, causing EV sales to plummet in the North American country.
With electric vehicles facing an increasingly challenging fiscal environment, the UK government signals it may raise the £40,000 threshold for the Expensive