Comment by sottol
20 hours ago
Beat Q4'24 by 0.3% in the quarter that EV tax credits ran out and EV buyers used their last chance to pocket it. Most other EV models had 50%+ sales lift that quarter.
20 hours ago
Beat Q4'24 by 0.3% in the quarter that EV tax credits ran out and EV buyers used their last chance to pocket it. Most other EV models had 50%+ sales lift that quarter.
Most legacy manufacturers were/are still trying to figure out how to produce EVs to compete. Looking at this month's KBB report for EV-first brands:
YTD Sales
- Lucid: 23.4%
- Tesla: -4.3%
- Rivian: -13.2%
Lucid is the big surprise there to me (though only ~8K sold).
I think Lucid just released their SUV, Lucid Gravity. That might explain it. I've seen a few driving around now but that's about all I know.