But when the number of electric vehicles sold in the United States grew that much during the third quarter from a year earlier, it was a disappointment.
Instead of celebrating, auto executives worried that demand for electric vehicles was slackening, raising questions about their plans to invest tens of billions of dollars to develop new models and build factories.
In recent weeks, General Motors, Ford Motor and Tesla cited slower sales and signs that the economy was weakening in announcing that they would delay that spending.
future is as strong as ever,” Mary T. Barra, the chief executive of G.M., told analysts on a conference call last month.
is waiting several months to begin selling some new electric models, including a battery-powered incarnation of the Chevrolet Equinox sport utility vehicle.
Carmakers, Tesla, Biden, Mary T, Barra
General Motors, Ford Motor, Chevrolet