News

EVs Only Vehicles to Post Gains in Q1

Order Reprints
Electric vehicles profitable.jpg

April 6, 2022—While all major car brands took losses in the first quarter of 2022, electric vehicle brands were profitable, reported TechCrunch.

Tesla and Polestar sales rose sharply in the U.S, while Ford, which announced its divisional split between eclectic and gas-engine vehicles, reported a record 37.9% jump in EV sales.

Hyundai, Kia, and GM also sold more EVs in the first three months of 2022 as compared to the same time last year. 

Related Articles

GM Delivers Only 26 EVs in Q4

Volvo To Make Only EVs By 2030

You must login or register in order to post a comment.