• Privacy
  • Terms
  • Contact
Friday, June 20, 2025
Choose Your Area
The LA Monitor
  • Home
  • About
  • Submit News Tip
  • LA Monitor Exclusives & Reports
  • Local News
    • Los Angeles
    • San Fernando Valley
    • San Gabriel Valley
    • South Bay
    • Long Beach
    • Orange County
  • California
  • Crime
  • Business
  • More
    • Politics
    • Entertainment
    • Health
    • Sports
No Result
View All Result
  • Home
  • About
  • Submit News Tip
  • LA Monitor Exclusives & Reports
  • Local News
    • Los Angeles
    • San Fernando Valley
    • San Gabriel Valley
    • South Bay
    • Long Beach
    • Orange County
  • California
  • Crime
  • Business
  • More
    • Politics
    • Entertainment
    • Health
    • Sports
No Result
View All Result
The LA Monitor
No Result
View All Result
  • LA Monitor Exclusives & Reports
  • Local News
  • California
  • Crime
  • Business
  • Entertainment
  • Health
  • Politics
  • Sports
Home Business

Why most EVs in the US are still being shipped to the same few states

LA Daily News by LA Daily News
May 29, 2024 4:01 pm EDT
in Business
0 0
A A
0
Share on FacebookShare on Twitter

By Kyle Stock | Bloomberg

As the US car market swiftly and steadily goes electric, the Volkswagen ID.4 remains near the front of an increasingly crowded field. Americans bought nearly 6,200 of them in the first three months of this year.

But if you want an ID.4 in South Dakota, you better act fast — only three in the state are unspoken for. The same is true in Arkansas and Mississippi, according to the latest data from CarGurus Inc., a listing platform that captures most US new car inventory.

The ID.4 isn’t an outlier, either. Consider the Nissan Ariya, another popular newcomer in the EV game. Nebraska and West Virginia each have a single Ariya on offer; Wyoming, meanwhile, has two.

Also see: Rivian laying off 92 employees at Orange County facilities

Much has been made about a slowdown in EV adoption in the US, where sales of electric vehicles are expected to grow 20% this year, according to the International Energy Agency, well below the 40% sales growth seen in 2023. A series of auto companies, from Ford to Mercedes to Volkswagen, have announced plans to pump the brakes on production of electric models, citing flagging consumer interest and a glut of battery-powered inventory.

Much of that inventory, though, is ending up in the same few places: along the coasts and in the nation’s busiest auto markets, leaving would-be EV buyers in other regions with precious few options. The dynamic reflects something of a chicken-and-egg situation for automakers: Their ability to push electric vehicles beyond early adopters hinges on second-wave buyers in a broader swath of states. Yet, drivers in rural states may be slower to buy electric because they aren’t seeing many available options.

More on EVs: GM ending production of Chevy Malibu, switching production to EV Bolt

“We’ll probably need to see more inventory on individual dealership lots to get this going,” says Kevin Roberts, director of industry insights at CarGurus. “Not being able to actually see the…

Read the full article here

Have a news tip for The LA Monitor? Submit your news tip or article here.
ShareTweetSharePinShareSendSend
LA Daily News

LA Daily News

The Los Angeles Daily News is the second-largest-circulating paid daily newspaper of Los Angeles, California. It is the flagship of the Southern California News Group, a branch of Colorado-based Digital First Media.

Related Articles

Business

Yes, more and more celebrities are entering the phone business. Here’s why

Jun 19, 2025 7:29 pm EDT
Business

2025 Women’s Leadership Symposium Panelist: Julie Uhrman

Jun 12, 2025 6:56 pm EDT
Business

Average long-term US mortgage rate ticks down to 6.84% this week, a second straight small decline

Jun 12, 2025 12:18 pm EDT
Business

2025 Women’s Leadership Symposium Panelist: Stacey Roth

Jun 5, 2025 2:16 pm EDT
Business

Tentative settlement in case of ex-Disney worker who claimed discrimination due to age, Armenian heritage

Jun 4, 2025 5:25 pm EDT
Business

Spanish government says housing market is not a ‘free for all’ after recent crackdown on Airbnb

Jun 3, 2025 7:50 pm EDT
The LA Monitor

The LA Monitor is your number one website for the latest news and updates about Los Angeles. follow us now to get the news that matters to you.

Trending Topics

  • Business
  • California
  • Crime
  • Entertainment
  • Health
  • LA Monitor Exclusives & Reports
  • Local News
  • Long Beach
  • Los Angeles
  • Orange County
  • Politics
  • San Fernando Valley
  • San Gabriel Valley
  • South Bay
  • Sports
  • Uncategorized

Quick Links

  • About
  • Submit News Tip
  • Advertise
  • Customer Support
  • Cookie Policy
  • Privacy
  • Terms
  • Contact

© 2023 The LA Monitor - All Rights Reserved.

No Result
View All Result
  • Home
  • About
  • Submit News Tip
  • LA Monitor Exclusives & Reports
  • Local News
    • Los Angeles
    • San Fernando Valley
    • San Gabriel Valley
    • South Bay
    • Long Beach
    • Orange County
  • California
  • Crime
  • Business
  • More
    • Politics
    • Entertainment
    • Health
    • Sports

© 2023 The LA Monitor - All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.