What Happened to Electric Vehicle Sales?

What this episode covers

Send us a textSales growth of electric vehicles has slowed dramatically this year. Tesla delivered 20% fewer cars in the first quarter of 2024 than in the prior quarter, and BYD who was previously the world’s biggest EV maker saw sales decline more than 40% over the same period.BYD’s EV sales were still up 13% when compared to the same quarter a year earlier, while Tesla’s sales were down 9%. Both companies have been slashing prices to stimulate demand.While EV sales overall are still r...

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Frequently Asked Questions

How long is this episode of Patrick Boyle On Finance?

This episode is 25 minutes long.

When was this Patrick Boyle On Finance episode published?

This episode was published on April 5, 2024.

What is this episode about?

Send us a textSales growth of electric vehicles has slowed dramatically this year. Tesla delivered 20% fewer cars in the first quarter of 2024 than in the prior quarter, and BYD who was previously the world’s biggest EV maker saw sales decline more...

Can I download this Patrick Boyle On Finance episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.