Numerous people have asked us about the decline of Electric vehicle demand in the US lately and while it's certainly an interesting topic, we wanted to wait for more concrete data to be released before answering.

Now that Hyundai and Ford Motor Company have announced their May 2024 Sales results, we can clearly see that demand for battery electric vehicles is still going strong. The IONIQ 5 is up 82% when compared to last May and it's up 43% year over year.