Analysis: A big drop of 20% to 30%, as one report suggests, is highly unlikely. History tells us a decline of more than 10% is rare indeed.
Fleet sales year to date are also down 42% from the same time in 2019 when 2.8 million vehicles were sold.
But volume for rental, commercial, and government vehicle purchases is still well below levels seen in the pre-pandemic year of 2019.
A recent analysis ranks the average energy cost savings for EVs compared to internal combustion engine vehicles.
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