“📉 Tesla’s U.S. registrations dropped 25% in February, putting the EV segment in the red. 👎 Ford, Hyundai, Kia, BMW, and Rivian saw gains, but overall decline since August 2020. #EVIndustry #MarketTrends”
Ford, Hyundai, Kia, BMW and Rivian posted strong gains, partially offsetting Tesla’s decline. The last time monthly EV registrations fell was in August 2020.