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Cox: EVs are America’s future, but policy will set the pace

Honda Prologue EV policy

The US EV market closed out 2024 on a high note despite swirling uncertainty about the future of federal tax incentives. Cox Automotive’s newly released Q4 data shows a record 365,824 EVs sold – up 15.2% from the previous quarter – and annual EV sales of 1.3 million, a 7% increase from 2023. 

We spoke with Stephanie Valdez Streaty, strategic planning director at Cox Automotive, about how these strong numbers underscore growing consumer interest in electrified transportation, even as key federal policies remain in flux. 

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Honda Prologue and Chevy Equinox drive EV incentives to record levels in October

Chevy-Equinox-EV-finance

As the incentives and discounts pile up, electric vehicle prices often rival, or even undercut, comparable gas models. With new models, like the Honda Prologue and Chevy Blazer EV rolling out, incentives surged to record highs in October as automakers look to fend off the incoming competition and draw in buyers.

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Chevy Equinox EV first drive: GM may have cracked the code in delivering a quality SUV that’s affordable [Video]

Chevy is finally beginning sales of its long-anticipated Equinox EV, but before then, I got an invite to Detroit to test it out for myself. I was admittedly skeptical of this EV, but once I got behind the wheel, I realized that the new Equinox is a well-built model with plenty of features and enticing pricing to boot. Be sure to check out my driving impressions in the full video below.

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