Approximately 11.3% more EVs were sold in the U.S. in Q2 than in the same period last year. Tesla's market share slipped below 50% for the first time. EVs accounted for roughly 19% of Cadillac's total sales. A lot of doom and gloom has been painted around the state of the EV market, including in the United States. However, a look at sales figures through the second quarter reveals that demand for EVs continues to rise, and they now account for 8% of new vehicle sales across the country.
Automakers that deliver the right product at the right price and offer an excellent consumer experience will lead the way in EV adoption.
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