Sales of new electric vehicles have started to slow, but the opposite is happening with used EVs.

Upon its debut, General Motors claims that the next-generation 2026 Chevy Bolt EV will be the most affordable all-electric vehicle offered in the United States.

Shares of Chinese electric-vehicle makers surged after some reported record sales in May, spurring hopes that more price cuts are around the corner as companies race to grow market share.BYD, which trumped Tesla late last year to become the world’s largest EV maker,

Sales of Tesla's China-made electric vehicles dropped 6.6% from a year earlier to 72,573 units in May, extending a year-on-year decline for a second month, data from the China Passenger Car Association (CPCA) showed on Tuesday.

Tesla has slashed production of its aging Model Y, which is the automaker’s best-selling car.Tesla’s sales in China grew by double-digits in May as electric vehicle makers benefited from friendly government policies and a surge of interest in high-tech cars.

Tesla’s sales in China rose in May, as the country’s demand for electric vehicles picked up, thanks to government trade-in programs and consumer interest generated by the Beijing Auto Show.

U.S. automaker Tesla's sales of China-made electric vehicles dropped 6.6% from a year earlier to 72,573 units in May, data from the China Passenger Car Association (CPCA) showed on Tuesday. Deliveries of China-made Model 3 and Model Y vehicles were up 16.