Did EV sales really slow in 2024? How to actually understand the numbers

EV sales are higher than experts once predicted they’d be by 2025—but growth is slowing down.

Throughout 2024, headlines highlighted a purported slump in electric vehicle sales. Not even Tesla, the top-selling EV in the country, could “dodge the EV sales slowdown,” one declared. But that news could be easily misconstrued, and doesn’t quite tell the full picture of the growing industry, experts say—and of the record year EVs had.