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Technology & Innovation

No, EV sales aren’t plummeting. They’re actually poised to grow in 2024

Dan Gearino
29 February 2024
8 min
PME All levels

BLUF

Analysts predict the US EV market share will reach 9% to 11% in 2024.

Summary

  1. 2021 federal infrastructure law hasn't fully addressed charging infrastructure challenges.
  2. 2024 could see annual EV sales growth exceed 30%.
  3. 2023 saw 1.19 million EVs sold.
  4. Petrol prices are influencing EV demand.
READ: No, EV sales aren’t plummeting. They’re actually poised to grow in 2024

References

  • Media Check: Fast Company Media Bias/Fact Check (HIGH CREDIBILITY)
  • Collections |The Runway (airforce.gov.au)
  • ADDITIONAL READING RAAF RUNWAY (PME)
  • RAAF RUNWAY: RATIONALE, GUIDELINES, LEARNING OUTCOMES, ETC
 

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