Cox Automotive data shows buyers are waiting for more affordable EVs from Nissan and GM, while Honda's hybrid models are slowing the consumer shift to full-EVs.
1 report, 1 independent
Updated Aug 14
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Cox Automotive data shows buyers are waiting for more affordable EVs from Nissan and GM, while Honda's hybrid models are slowing the consumer shift to full-EVs.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Cox Automotive reports hybrid volume growth in the U.S. car market.Sub-event
Affordability concerns and the persistence of hybrid models are flattening EV market share trends.1 source
Keep exploring
The entities involved
-
General Motors
American multinational automotive company
-
Nissan
Japanese automobile manufacturer
- Nissan is maintaining its market presence and appointing an executive to lead its local business operations involving China and South Africa.
- Nissan and Renault are developing a new model in collaboration with Renault, manufactured at the Novo Mesto facility in Slovenia, featuring a digital cockpit integrated with Google services.
-
Honda
manufacturer of automobiles, motorcycles, and power equipment
Related events
- Automakers, including Hyundai, Honda, and Kia, are facing market shifts leading to the dropping of EV models, with sales trends being tracked in the Philadelphia region.
- Nissan, Honda, and Chevrolet are competing in the affordable new car market segment and the affordable EV market segment.
- Honda introduces new models into the competitive electric vehicle market.
- Ford, Dodge, and General Motors are involved in a rivalry over market share, focusing on both Internal Combustion Engine (ICE) and Hybrid segments, as well as overall EV adoption.
Coverage
Newest first; wire copies grouped- Automotive NewsEV registrations rise moderately in June, but U.S. market share drops to lackluster 8.6% New U.S. electric vehicle registrations rose 4.6 percent in June from a year earlier — with Tesla falling and