Electric vehicle sales among major brands have seen sharp contrasts this year, with most experiencing significant drops in registrations. Tesla’s performance stood out as an outlier, with only a slight decline in demand. Meanwhile, Toyota defied the trend by reporting a dramatic surge in electric vehicle registrations. The stark differences highlight shifting consumer preferences and market dynamics in the fast-evolving EV sector.
While most of the 35 brands selling electric vehicles saw big declines, Tesla’s registrations fell just 0.5 percent and Toyota posted an 85 percent gain.