
It wasn't that long ago when many people were talking about the fact that US EV sales only made up 1 to 2 percent of the total automotive market share. However, according to the latest report from Kelley Blue Book (KBB), electric vehicle sales peaked in Q4 2021, making up an impressive ~4.5 percent of all car sales from October through December of last year.
As you know, the aftermath of the COVID-10 pandemic, along with a global chip shortage and related supply chain issues have put a big dent in automakers' production and deliveries. Given the dire situation, it may come as a surprise that EV makers were able to find so much success.