U.S. EV sales surged in 2024, with more than 1.3 million sales and a market share exceeding 10%. Some automakers are increasing EV production, driven by factors like the global push for electrification, such as Hyundai’s multibillion dollar investment across multiple markets and Volkswagen’s $136 billion investment in electrification. In this issue, you’ll see how Stellantis and Toyota are increasing EV production, learn where the electric truck market is headed, and more.
— Theresa Houck, Senior Editor