Wednesday, January 10, 2018

EV sales 2017

Electric vehicle (EV) sales went up again in 2017, ending the year at nearly 200,000, almost 25% over 2016 sales. It's good growth but not a large number compared to the total of 17 million new cars sold in 2017.

"[Tesla] Model S, now in its fifth year of sales, remains the nation's best-selling EV with 27,060 sold, no mean feat for a vehicle that starts at $74,500.

In second place, it's the Chevrolet Bolt at about 23,000 sold. Tesla's Model X SUV came in third at about 21,000 buyers. Toyota's Prius was fourth, selling about 20,000.

So Tesla is still on top of EV sales. But the very big increase in production which was promised for the new Model 3 just hasn't happened yet.

"Tesla garnered plenty of lukewarm press on Wednesday as it revealed that Model 3 production will remain far lower than Elon Musk had been promising for at least the next quarter. Musk had set a target of 5,000 Model 3s per week by the end of 2017, a figure he now says won't happen until Q2 2018 at the earliest.

image: evannex.com

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