EV sales hit a new record of nearly 1.2 million in 2023, but higher financing costs, a lack of charging infrastructure, and other issues may blunt further expansion (Cox Automotive, Yahoo). The question will be suspended on 31 December 2024 and the outcome determined using data as first reported by Kelley Blue Book (KBB), a subsidiary of Cox Automotive, expected in January 2025. On 9 January 2024, KBB reported that 1,189,051 EVs were sold in the US in 2023 (KBB - Q4 2023 Electric Vehicle Sales Report).

Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.

To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.