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Tag Archives: J.D. Power EV Index
JD Power – US EV Retail Share 70% by 3035
The forecast uses J.D. Power proprietary transactional data with key purchase sensitivity, demand models and market projections – and is updated bi-annually in January and July. In its latest update released today. Power forecast US EV Retail Share at 70% by 3035! Time will tell. Continue reading
U.S. EV Adoption to Stall in 2025
“Amid a flurry of speculation about how Trump administration policies on everything from EV incentives and tariffs on foreign imports to federal emissions and mileage standards will affect the future of EV adoption, J.D. Power has focused its attention on the data, reassessing the major trends in EV adoption for the past four years, and analyzing current government policies and manufacturer strategies to get the most accurate reading possible on consumer sentiment heading into 2025. Though many variables are still at play, which could create potential headwinds and tailwinds to EV adoption, J.D. Power is projecting that 2025 will be a reset year for EV adoption, in which total retail share will hold at 9.1% as manufacturers and consumers adjust to new market dynamics,” J.D. Power said. Continue reading →