EV Sales Rise as Trump Threatens to End Tax Credits ...Middle East

At least for the time being, EV sales are still pushing higher.  Helped along by Trump's threat to end EV tax credits, sales of EVs were up 12% in the fourth quarter of 2024, according to a new report from Bloomberg. Forecasts from researcher Cox Automotive put the year's total at 1.3 million EVs sold.  Plug-in vehicles now make up about 8% of the US car market, only slightly more than last year, despite a rise in sales from the prior quarter's 8% growth rate. A strong fourth quarter boosted total car sales, with the annualized…

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