US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29%
The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. In the 4th quarter of 2023, US auto sales rose 8% compared to the 4th quarter of 2022. Meanwhile, pure electric vehicle (BEV) sales rose by 29%. So, despite the … [continued]