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EVs and market share
Source: https://www.spglobal.com/mobility/en/research-analysis/new-ev-entries-nibbling-away-at-tesla-ev-share.html
Regardless of brand or price point, early S&P Global Mobility data suggests consumers moving to electric vehicles in 2022 are largely doing so from Toyota and Honda - brands which have been unable to keep their internal combustion owners loyal until their own brands begin to participate more significantly in the EV transition.
While both Japanese companies built a US legacy with phenomenal fuel economy and powertrain technologies - including electrification through hybrids, plug-in hybrids and fuel-cell electric vehicles - both have been caught flat-footed in the context of 2022. S&P Global Mobility conquest data for Tesla's Model 3 and Y, Ford Mustang Mach-E, Hyundai Ioniq5, and Chevrolet Bolt show strong captures of buyers from the two...
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