July was another strong month for EV sales. In Norway, where all-electric cars make up almost two-thirds of all new registrations, new EV sales were up 33% more than a year ago.
Toward the end of trading Wednesday, the Dow traded down 0.78% to 34,841.21 while the NASDAQ rose 0.29% to 14,803.80. The S&P also fell, dropping 0.26% to 4,411.84.
Tesla Inc (NASDAQ: TSLA) is still undoubtedly the EV king. But new entrants are coming and traditional automakers going all in to be able to participate in the EV race.