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As Tesla Falters, These New EVs Are Picking Up the Pace

  • Tesla remains America's leading electric vehicle brand but saw an 8.6% decline in sales during Q1 2025, selling 1.3 million vehicles.
  • General Motors reported a 114.2% increase in Chevrolet EV sales, with the Chevrolet Bolt set to return.
  • New tariffs threaten the EV market, with a potential 25% increase on parts, affecting profitability.
  • Analysts from Cox Automotive expect the EV sales landscape to experience volatility in 2025 despite competition and new offerings.
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  • 80% of the sources lean Left
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Bloomberg broke the news in United States on Wednesday, April 23, 2025.
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