Electric Vehicles 2024 Outlook 365. The share of electric and hybrid vehicle sales in the united states increased in the second quarter of 2024 (2q24) after a slight decline in 1q24. Trends in the electric vehicle industry.

For the electric vehicle sector, 2023 saw waning consumer preferences for evs, several promising startups fall by the wayside, a decline in battery materials costs,. The outlook for electric vehicles isn’t quite as bright as it was six months ago, and the us is largely to blame.