Primary development: New EV sales drop 28% in Q1 2026, but used EVs surge 12% to near-record levels
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New EV sales drop 28% in Q1 2026, but used EVs surge 12% to near-record levels
Strategic angle: The US electric vehicle market has split into two diverging realities. New EV sales cratered 28% year-over-year in Q1 2026 to just 212,600 units, according to new data from Cox Automotive — but used EV sales surged 12% t