My SIRIUSXM trial ended on my Ioniq 5 and just subscribed for $4/mo tax included, can use it on the app too-thought it was a no brainer price 
I have never subscribed before on any of my vehicles, hope it’s easy to cancel-when cancel comes haha
1 Like
Curious Eh…
1 Like
They make it up on volume
2 Likes
Volume meaning what?
2 Likes
1 Like
Lol. I totally thought of posting this. Classic!
Oh no!! I was so looking forward to buying this
- Nobody
2 Likes
We can make those special requests. Usually the same day. 
So far, you can still lease EVs cheaply… over/under on how long that will last?
I need a few months more. 
Regardless of tax credits. Cheap leases will remain until there is actual demand exceeding production levels. Right now even with tax credits, these things are hard to move.
Via Cox Automotive
In the latest analysis, sales in 2023 were revised upward to 1,212,758 units, a 49% gain from 2022. Sales in 2024 (1,301,411) were higher by 7.3% and accounted for 8.1% of total sales, up from 7.8% share in 2023.
Rate of growth for US EV sales is not looking good. Only a 0.3% jump in YOY marketshare.
1 Like
0.3% is not really the metric to use…because the total sales (denominator) also changes.
EV sales increased from 1.2M to 1.3M 2023 to 2024. That’s 7.3% higher.
2022 to 2023 and 2021 to 2022 are less meaningful for a number of reasons.
- COVID supply chain/demand disruptions mean y-o-y figures are whack
- EV sales volume cannot increase double digits every year - it’s a numerical impossibility (unless the overall car market continues to expand exponentially - it will not)
A realistic growth curve would see y-o-y sales growth increases declining, but raw numbers continuing to increase, and that’s what’s happening.
I.e. while the total car market was up only 2.3% y-o-y from 2023-2024, EV sales were up 7.3%. Thus, EVs are outperforming non-EVs.
But the growth of sales increases slowed, as expected, yet the real narrative gets lost by the gotcha headlines.
1 Like
Honestly that number looks even worse, especially considering the help of 45w. EV leasing made up 45% of sales in 2024. Manufacturer incentives, gov incentives, dealer rebates, inflated residuals, low money factors. Every trick in the book to move inventory that was piling up. We are talking lease payments less than an average cell phone bill for $50k+ EVs. Meanwhile it is nearly impossible to find a decent ICE lease.
The legacy brands lobbyists working overtime in DC to save 45w. It is essential to their P&L’s.
3 Likes
Pretty recent and comprehensive numbers here:
2 Likes
Non-EV sales were up 2.5%. So yes, EVs were higher relative to all sales, but not THAT much higher. And given they’re practically free to lease, 7% YOY growth is pitiful.
And s significant portion of that growth wasn’t consumers, but government fleet purchases. The growth rate of cities was higher than consumers. The feds are throwing money at cities to buy EVs. Once that money stops, so does the buying.
LOL. I love how still in 2025 when something doesn’t go right, people still blame Covid. I’ll give you 2021 and 2022. But 2023 and on, is silly to mention Covid as an excuse.
Like Fetch, EVs aren’t happening. Sorry.
1 Like
8.1% is very healthy market share especially considering the ideological opposition to EVs among ~50% of the population and the inability of most renters to buy/lease EVs.
Incremental market share changes will be the new normal.
The mistake everyone made, especially the legacy OEMs, was extrapolating Tesla’s demand and 6+ month wait list in 2021.
2 Likes
46 posts were merged into an existing topic: Off-Topic Landfill 6
Back to the tax credits. I hear there is a senator putting new legislation together to go after 45w, as well as 30d/25e. Apparently the loophole for leasing was not fully accounted for by CBO. More than 70% of EVs sold in 2024 were leased. CBO did not expect auto industry to exploit the “commercial” aspect of 45w. Their cost estimates were way off. Full audit has been requested from IRS for total dollar value of credits, original sticker of vehicles, demographics of buyers, etc.
1 Like