EV AND TESLA SALES ARE FALLING IN CALIFORNIA // HOW WILL THE STATE GO FULLY ELECTRIC?!

EV Channels Review

The video discusses a significant cooling trend in the North American EV market, particularly highlighting falling EV sales in California for two consecutive quarters, which jeopardizes the state's 2035 zero-emission vehicle mandate. While Tesla's market share has slightly decreased due to increased competition, its overall sales grew in 2023. The review delves into the environmental impact of EV battery production, citing concerns about toxic materials and waste generated during mining and refining, suggesting that the focus solely on CO2 emissions is incomplete. It also covers GM's strategic shift back towards hybrids due to the struggles with their EV rollout and software issues, and the widespread dissatisfaction among dealers with current EV policies. Furthermore, the video touches on Volvo's decision to stop funding Polestar, leading to a stock surge for Polestar, and the brand's job cuts and sales target misses. Finally, it mentions VinFast's aggressive leasing strategy to move inventory and the general increase in average EV range to 270 miles, while noting that charging infrastructure and cold-weather performance remain key challenges.