Ballooning US EV registrations raise opportunities for startups

Electric vehicle volumes are soaring in the U.S. — with registrations up 60% in the first quarter of the year — even as the country’s auto market contracted 18% as continued parts shortages constrained inventories.
Between January and March, U.S. consumers registered 158,689 EVs, according to Experian. With EV volumes rising and automakers selling fewer fossil-fuel vehicles, EVs captured 4.6% of the market in the first quarter.
Tesla took four of the top 10 spots, and the marque’s Model Y, Model 3, and Model S swept the top three, according to a report from Automotive News. The Ford Mustang Ma

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