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This much we know: New-vehicle sales in the second quarter struggled, up only modestly from the first quarter and down more than 20% from Q2 2021. The reasons are well documented – tight inventory, high prices, consumer sentiment dropping. There were a few positive notes in the Q2 sales numbers, and among them EV sales stood out the most. Sales of battery-powered electric vehicles – pure EVs – jumped to 196,788, a record high and a 13% increase from Q1.
The Kelley Blue Book team has finished their best estimates of electrified vehicle sales in Q2. The full Q2 report is posted below, with model- and brand-level details. Here are 10 quick takeaways.
In other news….
Download the Q2 Electrified Light Vehicle Sales Report.
The company also named Rob Huting as VP of corporate development.
Hodges replaces Bob Jimenez, who retires at the end of the year.
Investment highlights DSD’s renewable energy leadership and Cox’s continued commitment to...