Cleaner Tech
Electric Vehicles Make Up 11 Percent of US Car Sales
Electric car sales jumped to a record in the third quarter as US buyers rushed to cash in on federal subsidies that ended last month.
Chevrolet Equinox electric vehicles (EV) at a Chevrolet dealership in Colma, California.
Photographer: David Paul Morris/BloombergAmericans bought 438,500 electric cars and trucks in the third quarter, as drivers raced to grab federal incentives before they expired Sept. 30.
Those transactions, the highest number in a single quarter, comprised 11% of all new car sales, eclipsing the previous high point of 8.7%, according to Cox Automotive, a services and technology company.