Led by Tesla, electric vehicle prices fall in January as sales continue to slow; new EV prices declined to $55,715.
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General Motors, Honda and Volkswagen made the largest U.S. electric vehicle sales volume gains as overall domestic EV sales dropped 2.6 percent.
The model’s largest recall equates to roughly 318 Cybertrucks per day, or nearly 10,000 per month, for defects including an off-road light bar accessory.
Toyota reigned again this quarter as the top-selling brand, capturing 17.4 percent of the state’s market share compared to Tesla’s 9.8 percent.
The polarizing design and premium pricing initially captured attention, but competition and macroeconomic headwinds make it difficult to maintain sales levels.
Despite a strong start to the year, rising tariffs, inflation, and consumer caution may soften California’s automotive outlook for the second half of 2025.
New ICCT report reveals China's growing advantage in EV sales as BYD edges past Tesla in global BEV sales for the first time.
