Research, Fundamental

Automobiles: Weak EV Production Rates Suggest Bumpy Road Ahead

Garrett Nelson, VP Equity Research
15 February 2023


Despite U.S. electric vehicle sales increasing by 66% to 809,739 units in 2022, EVs still accounted for only 5.8% of new vehicle purchases last year. We think some would blame the sluggish pace of EV production and sales on the global chip shortages and supply chain issues of the past two years, but we believe there’s more to the story.

Want to learn more? Download the Report.


Fundamental Equity Research
Gain a comprehensive view of global themes, industries, and companies.
Technical Research
Giving you confidence to navigate any market cycle.
ETF Data & Analytics
The data and analytics you need to navigate the ETF universe.